Retirement age for companies and individuals to pay social security.

There are differences in retirement age between companies and individuals who pay social security, mainly reflected in the insured object, payment method and specific retirement age.

I. Overview of Social Security Payment by Enterprises and Individuals

Social insurance paid by the company refers to the social insurance premiums paid by the employer for employees in accordance with state regulations, including endowment insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance. Personal social security means that individuals voluntarily participate in social insurance and pay social insurance premiums in accordance with the prescribed proportion.

Second, the difference in retirement age.

1. The retirement age for the company to pay social security.

For employees who pay social security, their retirement age usually follows the national statutory retirement age. At present, the legal retirement age in China is 60 for men and 55 for women (some occupations or posts can retire early, such as underground, high temperature, high altitude, particularly heavy physical labor or other jobs harmful to health). However, with the gradual implementation of the delayed retirement policy, the legal retirement age may be adjusted in the future.

1. Retirement age of individuals who pay social security.

The retirement age for individuals to pay social security is relatively flexible. Individuals can choose their retirement age according to their actual situation and needs. Generally speaking, after reaching the legal retirement age, individuals can choose to continue to pay social insurance premiums in order to enjoy higher pension insurance benefits. At the same time, individuals can also choose to retire early, but it should be noted that early retirement may affect the level of personal pension insurance benefits.

Thirdly, the factors that affect the retirement age.

The determination of retirement age is influenced by many factors, including national policies, the nature of personal work, health status, economic status and so on. When formulating the retirement age policy, it is necessary to comprehensively consider these factors and balance the interests and needs of all parties.

To sum up:

The retirement age of companies and individuals who pay social security varies greatly. Employees who pay social security in the company usually follow the national statutory retirement age, while individuals who pay social security have relatively flexible retirement age. When formulating the retirement age policy, it is necessary to comprehensively consider various factors in order to achieve social equity and sustainable development.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 16 stipulates:

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age. Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.

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

Article 1 stipulates:

Workers in 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 55 years of age, to participate in revolutionary work for ten years;

(two) men over 50 years of age, women over 45 years of age, to participate in revolutionary work for ten years, the hospital identified completely lost the ability to work;

(3) Being disabled due to work and completely incapacitated by hospital appraisal.