When will the elderly receive social security when they are old?

The basis for receiving the old-age insurance in China is that the legal retirement age in China is 55 for women and 60 for men, and the social security pension is received according to these two age groups. In contrast, the collection time of commercial endowment insurance is much more flexible, providing a variety of choices of collection time, which can be changed before the collection begins. The starting time of annuity collection is usually concentrated in the four age groups of the insured, namely, 50 years old, 55 years old, 60 years old and 65 years old, and some are earlier or later. There are usually three ways of endowment insurance, namely, fixed amount, fixed time and wholesale (dǔn) payment. In other words, employees who participate in endowment insurance can receive endowment insurance within the time limit specified by the unit, or receive it within the specified time, or receive their pension at one time. When can I get my pension? According to the law of China, the time for men and women to receive it is different. Generally, women are after 55 years old and men are after 60 years old. What conditions can I meet to receive a pension? There are two conditions for applying for a pension according to the relevant regulations, namely, meeting the payment period, reaching retirement age, receiving a monthly pension, paying a personal account of local old-age insurance in one lump sum, and ending the relationship between local old-age insurance. 1, payment period conditions: China's pension insurance benefits can only be applied if the accumulated pension insurance has been paid for 15 years, and the social security has been paid for 15 years, but it has not reached the age of annual leave, and it is still necessary to continue to pay social security. It doesn't mean that you don't have to pay old-age insurance benefits after paying 15 years. The more you give, the more you get. 2. Retirement age conditions: The legal retirement age is 60 for men, 50 for women workers and 55 for women cadres. There is another case, which is proved by the hospital and confirmed by the labor ability appraisal Committee. Men over 50 years old and women over 45 years old can go through the formalities of early retirement due to illness. How to apply for old-age insurance in line with the conditions? As long as the insured meets the above retirement conditions, they can apply for retirement. The specific process of applying for pension insurance is as follows: 1. One month before reaching the statutory retirement age, an individual shall submit a copy of his/her ID card (used to get an old-age insurance card), a personal photo (used to apply for a retirement card) and other materials to the social security commissioner of his/her subordinate unit. 2, enterprise social security personnel commissioner according to the specific situation of employees to fill in the retirement approval form, together with the files of the parties in the month of retirement submitted to the social security agencies, by the social security agencies to be audited, after the audit, calculate the specific pension and issue a letter of approval. 3. The Enterprise Social Security Commissioner will hand over the completed retirement certificate and bank card to the retiree for retirement procedures. The above is the time to receive old-age insurance. When individuals receive old-age insurance, they can handle it according to their own conditions.

Legal objectivity:

Article 10 of the Social Insurance Law of People's Republic of China (PRC) * * * Employees shall participate in the basic old-age insurance, and both employers and employees shall pay the basic old-age insurance premium. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium. The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council. 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 for fifteen years at 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.