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Xiamen Jiao Tong 15 Minimum Retirement Wage for Social Security

2075 yuan. Xiamen Taxation announced that from July 2022, the minimum base of Xiamen's old-age insurance will be adjusted to 2075, and the upper limit will remain unchanged, which is 19962 yuan. Pension consists of two parts, personal account pension and basic account pension. The endowment insurance paid by individuals is included in personal accounts, and the endowment insurance paid by units is included in basic deposit account. Where the basic old-age insurance relationship is located at the domicile, the domicile shall be responsible for handling the formalities for receiving benefits and enjoying the basic old-age insurance benefits. If the basic old-age insurance relationship is not located in the domicile, but the accumulated payment period in the domicile of the basic old-age insurance relationship has reached 10 years, the local treatment collection procedures shall be handled and the local basic old-age insurance benefits shall be enjoyed.

Retirement conditions:

1, male over 60 years old, female over 50 years old, continuous service 10 years or more;

2, engaged in underground, high altitude, high temperature, particularly heavy manual labor or other jobs harmful to health, men over 55 years of age, women over 45 years of age, continuous service 10 years. This provision also applies to grassroots cadres with the same working conditions as workers;

3. Men over 50 years old and women over 45 years old, with continuous service 10 year;

Retirement procedures:

1. Applicants should prepare their ID cards, household registration books, photos and related materials to declare retirement;

2, the applicant to declare to the unit, the existence of enterprises to declare to the enterprise, the unemployed to declare to the employment bureau of the jurisdiction;

3, enterprises, employment bureau to the local community departments to declare;

4. After passing the qualification examination, the files will be transferred to the local social security bureau, which will be responsible for the approved treatment;

legal ground

Article 12 of the Social Insurance Law of People's Republic of China (PRC) * * * The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of employees stipulated by the state and record it in the basic old-age insurance pooling fund.

Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.