Can I retire in Beijing after paying enough social security for 15 years in Beijing?

Can you retire in Beijing if you have paid enough social security in Beijing for 15 years?

If a young foreigner in his 20s or 30s establishes a basic pension insurance relationship in Beijing and has been paying social security in Beijing for 15 years, and reaches the retirement age set by the state in the future, he will definitely retire in Beijing and enjoy pension benefits at the Beijing standard. Other cases are more complicated, subject to the following conditions:

1. A basic pension insurance relationship must be established in Beijing, not a temporary basic pension insurance contribution account;

2. If a man has reached the age of 50 and a woman has reached the age of 40, and has been paying social security contributions in Beijing for 15 years, he can not retire in Beijing and enjoy pension benefits at the Beijing standard;

3. If you have established a basic pension insurance relationship in Beijing, you must also fulfill the condition that you have paid pension insurance premiums in Beijing for 10 years prior to your retirement in order to retire in Beijing and enjoy the Beijing standard pension benefits.

Legal Basis

Beijing Basic Medical Insurance Provisions

Article 11 Those who have retired before the implementation of these provisions shall not be required to pay basic medical insurance premiums. After the implementation of these provisions to participate in the work, the accumulated payment of basic medical insurance premiums for 25 years for men and 20 years for women, in accordance with the provisions of the State for retirement procedures, receive a monthly basic pension or retirement benefits, enjoy the basic medical insurance benefits of retirees, no longer pay the basic medical insurance premiums. Before the implementation of these provisions to participate in the work after the implementation of the retirement, the payment of basic medical insurance premiums less than the number of years specified in the preceding paragraph, the one-time by the person to make up for the basic medical insurance premiums should be paid by the employer and the individual, to enjoy the basic medical insurance treatment of retirees, no longer pay the basic medical insurance premiums. If the administrative department of labor security determines that the employee's consecutive years of service or years of work are in line with the state regulations, it shall be regarded as the years of basic medical insurance contributions. Article 15 The basic medical insurance premiums to be paid by an employer shall be withheld monthly by the social insurance agency from the employer's depositary bank in the form of entrusted bank collection without payment period. The basic medical insurance premiums to be paid by individual employees shall be withheld and paid by the employer on behalf of the employee from his/her salary on a monthly basis.