Guide
For the majority of employees of insured enterprises and institutions, "retirement" means the beginning of a new stage of life, and the level of basic pension insurance treatment will directly determine the quality of life and happiness index of the insured personnel after retirement to a large extent. Therefore, from this point of view, "retirement" is undoubtedly a major prerequisite for workers to enjoy a happy life in their old age, and it is necessary to prepare in time.
How do insured persons retire?
According to the current basic pension insurance system for urban employees, the insured personnel of enterprises and institutions must meet the following two prerequisites at the same time for retirement procedures:
(1) The basic endowment insurance has been insured and paid for 15 years (including the deemed payment period);
(2) Reach the statutory retirement age, that is, male employees must be at least 60 years old; Female employees must be at least 50 years old; Female cadres must be at least 55 years old; Men who are eligible for basic pension insurance as flexible workers must be at least 60 years old, and women must be at least 55 years old.
According to the different types of insured persons, retirement can usually be divided into two situations, namely, the retirement of employees of enterprises and institutions and the retirement of flexible employees.
(1) The employer handles retirement as the manager
After meeting the retirement conditions, the personnel of enterprises and institutions participating in the basic old-age insurance system for urban employees are usually registered by the employer as the manager, and after the social security department has approved the application, they can apply for the basic pension on time and in full in the next month after the completion of the retirement approval procedures.
It should be noted that when the employer handles the retirement procedures for the insured employees of the enterprise, in addition to the signature and confirmation of the retiree himself, it is also necessary to provide the original and copy of the ID card, the household registration book, the social security card and the retiree's own employee file (if there is no employee file, it may affect the determination of the deemed payment period and affect the pension benefits after retirement).
(2) Flexible employees can retire on their own
For flexible employment participants who do not have an employer, after they meet the retirement conditions, they need to go through the retirement procedures at the social security bureau by themselves, and the materials that need to be prepared in advance include but are not limited to ID cards, household registration books, social security cards, etc.
5 things to keep in mind when handling retirement
Whether the employer acts as the handler to handle the retirement procedures for the employees of the enterprise, or the flexible employee handles the retirement procedures on his own, the following five important matters need to be noted.
(1) Time for retirement procedures
In general, eligible insured persons usually go through the retirement procedures in the month when they reach retirement age, and start to apply for the basic pension from the following month. For example, if an insured employee of an enterprise has paid contributions for 16 years and is about to turn 60 in May 2024, then he can retire in May and start to apply for basic pension insurance benefits from June.
It is worth mentioning that when some insured persons reach retirement age, the cumulative payment period of basic pension insurance may not be 15 years. Then, in this case, the insured person can apply for a delayed retirement, that is, after the basic pension insurance has been paid for 15 years, and then start the retirement process.
To put it simply, that is, the time node of the insured person's retirement procedures may not be synchronized with the social security payment and the statutory retirement age, and the specific time to retire usually needs to be subject to the actual situation.
(2) Ensure that the information in the "Retirement Approval Form" is accurate
It is reported that when the insured personnel go through the review procedures for retirement (post) benefits, the acceptor of the treatment review link (retiree himself or the manager) needs to fill in the "basic pension insurance treatment audit form" (different regions, the name is different, and some regions are also called the "retirement approval form").
It should be emphasized here that the "Retirement Approval Form" generally includes name, ID number, date of birth, starting insurance payment time, retirement type, retirement age, work experience and many other key information, the accuracy of which directly affects whether the retirement procedures can be successfully accepted. Therefore, it is important to make sure that it is accurate before signing for confirmation.
(3) Ensure that the "Treatment Approval Form" is accurate
Taking the insured employees of the enterprise as an example, after the "Retirement Approval Form" is approved, the social security agency will issue the "Approval Form for the Basic Pension Insurance Benefits of Enterprise Employees" as the audit result. It is understood that the "Approval Form of Basic Pension Insurance Benefits for Enterprise Employees" will generally include the start time of treatment, the cumulative payment period, the deemed payment period and the verification details of the basic pension. Therefore, when going through the retirement procedures, the insured employees must also carefully review the key information displayed in the "Verification Form of Basic Pension Insurance Benefits for Enterprise Employees" to ensure that the amount of basic pension, personal account pension and transitional pension is accurate.
(4) Carefully inspect employee files
As mentioned above, the insured employees of the enterprise need to submit employee files and other supporting materials when they retire, as a very critical reference material in the process of approval of retirement procedures by the social security agency, employee files are very important for retirees.
It is reported that when reviewing employee files, social security agencies often focus on key information such as the date of birth, the start time of insurance payment, the length of service, work experience, and job level. Therefore, this requires that the information filled in the employee file must also be accurate, otherwise, if the actual situation does not match the employee file, then the social security agency will issue a notice of non-acceptance, and then the employee himself or the employer needs to fill in and submit it again.
(5) Understand the level of basic pension benefits after retirement, and make financial planning in advance
After the social security agency issues the "Verification Form of Basic Pension Insurance Benefits for Enterprise Employees", the insured employees can have a general understanding of the basic pension benefits after their retirement, including but not limited to the amount of payment, payment time and payment method, etc., if the retiree has doubts about the basic pension benefits, you can consult the social security department before the successful completion of the retirement procedures.
After the retirement procedures are fully handled, retirees must also make financial and life plans in advance according to the level of their pension benefits, such as the lifestyle after retirement, sources of economic income, etc., which will help better adapt to retirement life and improve the basic quality of life and happiness index.
epilogue
In general, for the personnel of enterprises and institutions and flexible employees who participate in the basic pension insurance for urban employees, they can go through the retirement procedures in accordance with the regulations under the condition that they have paid contributions for 15 years and meet the statutory retirement age at the same time. It is worth noting that before going through the retirement procedures, the employer or the insured person who is the manager needs to prepare relevant supporting materials in advance; In the process of retirement, it is necessary to ensure the accuracy of the "Retirement Approval Form" and the "Treatment Approval Form", after all, the accuracy of this information is directly related to the basic pension benefits of retirees; After successfully going through the retirement procedures, you should also plan your financial expenditure according to the level of your pension, which will be more conducive to enjoying your retirement life. Therefore, from these levels, the five major precautions mentioned above must be understood in advance by the insured in order to smoothly enter the retirement life, and then truly achieve the old have support, the old have something to rely on, and enjoy a good retirement life.
Source: Huinong Little Helper