How to apply for retirement formalities for Guangzhou employees

Retirement procedures for Guangzhou employees include:

If an individual participates in the insurance, he or she should bring all of his or her ID card and social security card to the window set up by the local Human Resources and Social Security Bureau to handle the retirement approval formalities, and if the approval is in line with the conditions for retirement, he or she should go to the individual contribution window to confirm the payment status and basic information, and go to the designated bank to apply for a debit card in lieu of the old-age pension. In case of retirement of active employees, the employer will handle the retirement procedures for them according to the law.

Guangzhou employee retirement process:

1, application: our unit participants or non-city domicile of the unemployed in society, the insured unit to the local tax department for the suspension of insurance procedures and to confirm the success of the month's deduction, in the month of the employee is eligible to receive a monthly basic pension with all the information to the Liwan District Social Insurance Fund Management Center for the monthly basic pension formalities to the other relevant departments For the socialized personnel with household registration in our district, the insured individual goes to the local tax department to go through the procedure of stopping the insurance and confirming the success of the deduction of fees in the same month, and three months before the legal retirement age, brings all the information to the Liwan District Retirement Management Office to go through the procedure of receiving the monthly basic pension, and goes to the other relevant departments to go through the procedure of the post-retirement transitional medical insurance and so on.

2. Acceptance: If the materials meet the requirements, the district social insurance fund management center or the district retirement management office will accept the application.

3, review: District Social Insurance Fund Management Center or District Retirement Management Office to review the submitted materials.

4, decision: the materials in line with the normal retirement procedures.

5, delivery: successful processing at the window to receive the results.

Retirement is a labor security system, is one of the important systems of modern society. According to the relevant provisions of the state, the workers due to old age or work, due to disease, disability, total loss of working ability (or partial loss of working ability) can be proposed retirement.

In summary, the retirement age is generally 60 years old for men and 50 years old for women, and the reason is generally the loss of labor capacity.

Legal basis:

The People's Republic of China Social Insurance Law

Article 16

Individuals who participate in basic old-age pension insurance, and reach the legal age of retirement when the cumulative contributions of fifteen years, will receive a monthly basic pension. Individuals who have participated in basic old-age insurance and have contributed for less than fifteen years by the time they reach the legal 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 old-age insurance or the urban residents' social old-age insurance, and shall enjoy the corresponding old-age insurance treatment in accordance with the provisions of the State Council.