How do Beijing enterprises handle retirement for their employees?

How do Beijing enterprises handle retirement for their employees?

Retirement procedures need to be handled at the local social security bureau, and the process is as follows: the employer holds the endowment insurance manual signed by the employee and prints the amount stored in the individual account of endowment insurance and the average wage index in the social security sub-center; Go through the formalities for examination and approval of retirement benefits with the administrative department of labor and social security; Will be approved by the urban enterprise employees retirement approval form, retirees retirement benefits files and other materials sent to the social security sub-center for retirement benefits audit. Employees who have reached the age should go through retirement formalities in time. According to the regulations, when enterprise employees reach the normal retirement age stipulated by the state, the employer shall go through retirement procedures in time. If the retirement formalities are not handled in time beyond the normal retirement age, the old-age insurance premium will still be calculated when the employees reach the normal retirement age stipulated by the state.

If you reach the normal retirement age or retirement age, the retirement time shall be counted from the month when you reach the normal retirement age or retirement age. If an employee reaches the normal retirement age or retirement age, and the employer fails to declare it in time, the pension will be included in the overall plan from the second month after the formal declaration. Human resources and social security departments at all levels should review the files and other materials of retirees in accordance with the regulations, focusing on whether the authenticity, birth time and payment period (including deemed payment period) of files and other materials meet the requirements.

Do I have to go through the retirement formalities in Beijing?

There is no stipulation that it must be handled by the unit. Retirement of employees of enterprises with units shall be handled by the unit, and ID cards, photocopies and personal files shall be handled by the Social Security Bureau. If there is no unit, you need to bring relevant materials to the local social security bureau for retirement.

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. 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.