The latest stipulated age for extension of social security

Retirement age has always been the focus of our attention. In 2020, the state also made the latest policy on retirement age. At present, China is the country with the earliest retirement age in the world, and the average retirement age is less than 55, so we decided to postpone retirement.

First, the retirement age of workers who have a work unit and participate in insurance is 60 for men, 55 for children and cadres and 50 for workers. Those who are not insured by the company are all individuals. The retirement age of men is 60, and women can retire at 50 when they have paid for insurance for more than three years. No one can retire at 55.

Second, when the new delayed retirement age is introduced, it actually affects people born in the 1970s or 1980s. For those born in the 1990s, when they reach retirement age, they basically catch up with the introduction of new policies. Therefore, as a post-90s generation, there is no need to worry about the delayed retirement age.

According to the law, enterprises and institutions owned by the whole people. Workers of government organs and organizations who meet one of the following conditions shall retire.

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

(two) engaged in underground, high altitude, high temperature, particularly heavy physical labor or other jobs harmful to health, men over 55 years of age, women over 45 years of age, continuous service for ten years, also applies to grassroots cadres with the same working conditions as workers;

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

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

The government's policy of delaying retirement age can not only ease the pressure of paying pensions, but also prevent the loss and shortage of some labor force. For some families with poor economic conditions, they can continue to work and earn more for their families.