Job Recruitment Website - Social security inquiry - Can I get a pension when I join a foreign country after retirement?
Can I get a pension when I join a foreign country after retirement?
Retirees can still receive a pension even if they have joined the nationality of another country. According to the laws of our country, as long as the obligation to pay the old-age insurance premium is fulfilled in our country, the accumulated payment period reaches 15 years, and the legal retirement age is reached, the conditions for receiving the old-age pension are met. Pension is a kind of protection accumulated during work and will not be affected by the change of nationality. Therefore, people who become foreign citizens after retirement are still entitled to the old-age insurance paid in China as long as they meet the above conditions.
Provisions on transnational pension collection:
1. Bilateral social security agreements: Some countries have bilateral social security agreements that allow retirees to continue to receive old-age insurance while working in a country;
2. Regulations on pension transfer: Some countries allow the pension to be transferred to the country chosen by retirees, but certain conditions may need to be met;
3. Collection method: The collection method of pension may include bank transfer and postal remittance. And the specific method needs to be based on the arrangement between the two countries and personal choice;
4. Tax impact: receiving foreign pensions may involve tax issues, and it is necessary to understand the tax laws of the two countries and the possible agreements to avoid double taxation;
5. Pension adjustment: In some countries, pensions will be adjusted according to factors such as price index, and we should also pay attention to these changes when receiving foreign pensions.
To sum up, those who join foreign countries after retirement still have the right to receive the endowment insurance paid in China.
Legal basis:
Interim Measures for Foreigners Employed in China to Participate in Social Insurance
Article 5
Foreigners who participate in social insurance, who meet the requirements, enjoy social insurance benefits according to law. Those who leave the country before reaching the required pension age will have their social insurance personal accounts retained, and those who come to China for employment again will have their payment years accumulated; If I apply in writing to terminate the social insurance relationship, I can also pay the amount of personal social insurance account in one lump sum. If a foreigner dies, the balance of his personal social insurance account can be inherited according to law. Foreigners who enjoy social insurance benefits on a monthly basis outside China shall provide at least once a year a survival certificate issued by the China embassy or consulate abroad to the social insurance agency responsible for paying their benefits, or a survival certificate notarized by the relevant institutions in the country of residence and certified by the China embassy or consulate abroad. Foreigners who legally enter the country can prove their living conditions at the social insurance agency on their own, and no longer provide the survival certificate stipulated in the preceding paragraph. "Regulations on the Implementation of the Social Insurance Law of People's Republic of China (PRC)" Article 6 Individual accounts of employees' basic old-age insurance shall not be withdrawn in advance. Individuals who leave the country to settle down before reaching the legal conditions for receiving the basic pension shall keep their personal accounts and enjoy the corresponding pension insurance benefits in accordance with state regulations when reaching the legal conditions for receiving the basic pension. Among them, those who lose their People's Republic of China (PRC) nationality may apply in writing to terminate the basic old-age insurance relationship for employees when leaving the country or after leaving the country. After receiving the application, the social insurance agency shall inform it in writing of its right to keep personal accounts and the consequences of terminating the basic old-age insurance relationship for employees. After my written confirmation, I will terminate the employee's basic old-age insurance relationship and pay me the amount stored in my personal account in one lump sum. After the death of an individual who participates in the basic old-age insurance for employees, the balance in his personal account can be fully inherited according to law.
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