How to collect the money of personal pension account after retirement

1. Reaching the legal retirement age: The participant must reach the legal retirement age stipulated by the state, and the retirement age may be different for different nature of work and occupational categories.

2. Submission of application materials: About one month before reaching the retirement age (three months in advance for special types of work or early retirement due to illness), the participant or the social security commissioner of his/her organization should submit the relevant retirement application materials to the local social security agency, including but not limited to ID card, household registration book, pension insurance handbook, and information on the individual's pension account.

3. Audit and issuance of the Employee Retirement Certificate: The social security agency will audit the information provided by the participant, and after confirming that the conditions for receiving monthly pension benefits are met, the Employee Retirement Certificate will be issued, and payment of the basic pension will begin from the following month.

4. Opening a bank account for pension payment: After receiving the Employee Retirement Certificate, the insured person needs to go to the designated bank with the relevant documents (ID card, social security card, retirement certificate) to apply for a debit card for pension payment, and provide the account information to the social security department.

5. The choice of receiving method and receiving the pension.

6. Transfer of pension by the social security agency: after completing the above procedures, the social security department will automatically transfer the pension to the bank account provided by the participant at a fixed time every month.