What is the standard for foreigners to pay social security retirement in Hangzhou?

Relevant regulations on social security: after paying social security in one place for 10 years, if the social security is transferred to other places to continue to pay less than 10 years and retire, the pension will be paid according to the social security treatment in the area where the social security was paid before 10 years, and the pension will be paid according to the social security treatment in the transferred area after 10 years.

Conditions for foreigners to receive pensions in Hangzhou:

To receive a pension in Hangzhou, foreigners need to meet certain conditions, including paying social security 15 years in Hangzhou, or living in Hangzhou for 5 years and paying social security 10 years in Hangzhou. At the same time, it is also necessary to provide relevant certification materials. Hangzhou implements the old-age insurance system of "both residence and insurance", that is, the old-age insurance relationship is established according to the two directions of residence and work. To receive a pension in Hangzhou, foreigners need to meet the following conditions: 1. Pay social security in Hangzhou 15 years. Foreigners who have worked continuously in Hangzhou and paid social security on time for 15 years can apply for a pension in Hangzhou. 2. Have lived in Hangzhou for 5 years and paid social security in Hangzhou 10 years. Foreigners who have bought a house or rented a house in Hangzhou for five years and paid social security for 10 years during this period can apply for receiving a pension in Hangzhou. On the premise of meeting the above conditions, foreigners also need to provide a series of relevant certification materials, such as identity cards, social security payment certificates, residence certificates, etc. It should be noted that the policy stipulates that residents who pay social security in cities such as Beijing can also receive pensions in Hangzhou.

To sum up, you need to pay insurance in Hangzhou for more than 10 years before you can retire in Hangzhou, otherwise you can only retire where you have reached 10 years. If both of them are less than 10 years, they can retire at their registered permanent residence.

Legal basis:

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

Article 42

Persons participating in social insurance shall be included in the personal account management according to law, and after reaching the statutory retirement age, they shall receive social insurance benefits such as basic pension according to law.

Interim Measures of the State Council Municipality on Retirement and Resignation of Workers

first

Workers in enterprises and institutions owned by the whole people, party and government organs and mass organizations shall retire if they meet one of the following conditions.

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

(2) Those who are engaged in underground, high altitude, high temperature, particularly heavy manual labor or other jobs harmful to health, and have reached the age of 55 for men and 45 for women, and have worked continuously for ten years.

This provision also applies to grassroots cadres whose working conditions are the same as those of workers.

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

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

Article 5

Employees who do not meet the retirement conditions and have been certified by the hospital and confirmed by the labor appraisal committee to be completely incapacitated should resign. After resigning, I will be given a monthly living allowance equivalent to 40% of my standard salary. If it is less than 20 yuan, it will be given to 20 yuan.