When can you get your pension after retirement

You can start receiving your pension the month after you retire.

When you retire, you will usually start receiving your pension the following month. For example, if you complete your retirement in July, you can start receiving your pension in August. If a company delays retirement procedures by one year, it is liable, but the social security agency will not make up for missed pension payments. You should check with your local social security agency for details on when payments are due and who is responsible.

The calculation of pensions:

1. Individual account pension: based on the amount stored in the individual account divided by the number of months of payment;

2. Basic pension: determined in accordance with the standards set by the local social security bureau;

3. Transitional pension: for certain specific groups, calculated according to their years of service and other factors;

4. Enterprise Supplementary pensions: determined by enterprises according to their own regulations and employee agreements;

5. Special government subsidized pensions: for people with special contributions or conditions, paid by the government according to regulations.

In summary, individuals usually begin to receive their pensions the following month after completing the retirement procedures, if the enterprise delays the process, it is responsible, but the missed pensions will not be reissued, the specific timing of the issuance and responsibility for the issue of the local social security agencies need to be consulted to obtain accurate information.

Legal basis:

The People's Republic of China Social Insurance Law

Article 16

Participating in the basic old-age pension insurance individuals to reach the statutory retirement age, the accumulated contributions of fifteen years, the monthly basic pension. Individuals who have participated in basic pension insurance and have contributed for less than fifteen years by the time they reach the statutory retirement age may contribute until they reach the full fifteen years and receive a basic pension on a monthly basis; they may also be transferred to the new type of rural social pension insurance or the urban residents' social pension insurance, and shall enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.