How to calculate the length of service when retiring

The length of service can be counted from the time the worker officially joins the workforce, or from the month when the employer pays the social security contributions for the worker.

Working hours in which a worker earns wages as his or her total or main source of income can be counted as working years; and if a worker has worked continuously for 10 years and has reached the retirement age, he or she can be retired.

The role of length of service:

1, affecting the integrated account pension.

Generally, the longer a worker's length of service, the higher the calculated pension.

Of course, the length of service here generally refers to the number of years of contributions, including the actual number of years of contributions as well as the number of years of deemed contributions.

2, affecting the transitional pension.

China's enterprise pension insurance system generally default from 1992, the actual only 30 years. Pension insurance for institutions, on the other hand, began in 2014.

There may therefore be transitional pensions for those who started work before the pension insurance system.

In other words, there will basically be deemed contribution years, or transitional pensions, for those with more than 30 years of service.

3, affecting the pension adjustment.

From 05 to this year, pensions have been 18 consecutive increases.

Each year, China's pension adjustment principle is a combination of fixed adjustment, pegged adjustment and tilted adjustment.

The linked adjustment is linked to the length of service, the longer the length of service, the more the pension linked adjustment.

In summary, the length of service refers to the working time since the establishment of labor relations between the employee and the unit, the employee to wage income as the main source of all the means of subsistence or the main source of work. The length of service is categorized into the general length of service and the length of service in the enterprise; the general length of service refers to the total working time of the employee engaged in production and work, while the length of service in the enterprise refers to the time that the worker or employee has worked continuously in the enterprise.

Legal basis:

The Interim Measures of the State Council on the Retirement and Retirement of Workers

Article 1

Workers of nationally-owned enterprises, institutions and Party and government organs, and workers of mass organizations shall be retired if they meet one of the following conditions.

(1) Men who have reached the age of sixty and women who have reached the age of fifty, with ten years of continuous service.

(2) Those who are engaged in underground, high-altitude, high-temperature, particularly heavy physical labor or other work harmful to health, and who have reached the age of fifty-five for men and forty-five for women, with ten years of continuous service.

The provisions of this subparagraph also apply to basic cadres whose working conditions are the same as those of workers.

(3) Men who have reached the age of fifty and women who have reached the age of forty-five, with ten years of continuous service, and who are certified by a hospital and confirmed by the Labor Appraisal Committee that they are totally incapable of working.

(4) Disabled at work, certified by the hospital and confirmed by the Labor Appraisal Committee, with total loss of labor capacity.