Retirement age of urban and rural residents' endowment insurance

The retirement age of urban and rural residents' pension insurance is: female employees in enterprises retire at 50 years old, male employees retire at 60 years old and female cadres retire at 55 years old.

Social endowment insurance for urban residents is an endowment insurance system covering non-employees with urban household registration. This system, together with the urban workers' endowment insurance system and the new rural social endowment insurance system, constitutes the social endowment insurance system in China. Urban housing has two outstanding characteristics:

1. The sources of funds for urban housing insurance include not only individual contributions, but also government subsidies to the insured. The more individual contributions, the more government subsidies, and all individual contributions and government subsidies are included in the insured's personal account;

2. The pension of urban residents' endowment insurance consists of two parts: personal account pension and basic pension. The level of personal account pension is determined by the amount of account storage, that is, the total amount of individual contributions and government subsidies; The basic pension is paid in full by the government.

The ways to receive social security pension after retirement are as follows:

1. One month before the insured reaches the statutory retirement age (special type of work and early retirement due to illness need to apply for review or labor ability appraisal three months in advance), the insured or the social security administrator of his unit shall submit the relevant information of retirement application to the social security agency;

2, social security institutions to review the information provided by the insured, and meet the conditions of receiving monthly benefits, issued a "retirement certificate", from the next month on a monthly basis to pay basic pensions;

3. After receiving the employee retirement card 15 days, the insured person will bring his ID card, social security card and retirement card to the designated bank to issue a pension debit card and provide an account to the social security agency. The social security department will pay the pension to your designated account every month according to the regulations.

legal ground

Interim Measures of the State Council Municipality on Retirement and Resignation of Workers

Article 1 Workers of enterprises and institutions owned by the whole people, party and government organs and mass organizations shall retire if they meet one of the following conditions.

(a) men over 60 years of age, women over 50 years of age, continuous service for ten years.

(2) Those who are engaged in underground, high altitude, high temperature, particularly heavy manual labor or other jobs harmful to health, and have reached the age of 55 for men and 45 for women, and have worked continuously for ten years.

This provision also applies to grassroots cadres whose working conditions are the same as those of workers.

(3) The male has reached the age of 50, the female has reached the age of 45, and has worked continuously for ten years, and has been certified by the hospital and confirmed by the labor appraisal committee, and has completely lost the ability to work.

(four) work-related disability, proved by the hospital, and confirmed by the labor appraisal committee, completely lost the ability to work.