When will the retirement age of social security be delayed?

After the approval of the central government, the plan will be announced to the public. There will be an early warning period, which will be implemented after several years and gradually postponed to a reasonable retirement age. As early as March this year, Ministry of Human Resources and Social Security Minister Yin Xiaomin said at the "two sessions" that the delayed retirement scheme should be launched in 20 17 and implemented as early as 2022.

Delayed retirement needs to meet the following conditions:

1 female employees under the age of 50 (women born after 1972);

2. Female cadres and male workers under the age of 55 (people born after 1967);

3. Male cadres younger than or equal to 60 years old (men born after 1962).

Taking retirement at the age of 55 as the standard, it is assumed that the retirement time will be extended by 6 months every year, which will increase year by year from the implementation of the plan until the newly proposed retirement age is reached.

If the retirement time is extended by two months every year, the retirement age of the partner born in 1986 is 58.3 years old. Before reaching the new legal retirement age, the gradual delayed retirement will affect the post-90 s generation.

The policy of delaying retirement age is an important policy to ensure the sustainable development of the old-age insurance system.

Legal basis: Article 16 of the Social Insurance Law of People's Republic of China (PRC).

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age.

Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.