Can I retire in Beijing after paying social security in Beijing?

Foreign countries can pay social security in Beijing and retire in Beijing.

Migrant workers who pay social security in Beijing can retire in Beijing if they meet the following conditions:

1, reaching the statutory retirement age.

Beijing stipulates that men must be 60 years old, female cadres must be 55 years old and female workers must be 50 years old before they can go through retirement procedures.

2. The accumulated payment of endowment insurance premium has reached 15 years.

According to Beijing's regulations, foreigners who want to participate in insurance in Beijing need to pay the old-age insurance premium 15 years, and they can enjoy the retirement benefits in Beijing only after reaching the legal retirement age.

3. Social security account.

When a man reaches the age of 50 and a woman reaches the age of 40, the first insurance payment in Beijing is a temporary account; In other words, before men reach the age of 50 and women reach the age of 40, they need to establish social security accounts in Beijing.

4. Pay in Beijing 10 year.

Foreigners can retire in Beijing only after paying 10 years in Beijing.

The specific process of handling social security retirement is as follows:

1, apply for a retirement certificate.

Those who have participated in social security in accordance with the relevant policies and regulations of the state and paid for it for fifteen years and reached the legal retirement age can go through retirement procedures. When you retire, you should find the insured unit to apply for a retirement certificate. Note that the retirement certificate must be stamped with the seal of the unit.

2. Organize relevant information.

No matter which city you apply for social security retirement, you need to submit relevant information, one of which is the retirement certificate. In addition, you need to prepare a copy of your ID card and household registration book, a retirement application, a recent one-inch bareheaded photo, and the original and copy of your personal bank card opened in a local bank.

3. Go through the pension collection procedures.

Go to the local social security bureau with the sorted relevant information, find the corresponding service window, and hand over the information to the staff for review. After the audit is passed, the staff will go through the relevant formalities and start to receive the pension next month.

To sum up, the retirement policy in Beijing is very open now, and it is possible for foreigners to retire in Beijing, but only if certain conditions are met.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 16

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.