The latest regulation on retirement at the age of 65 has not been implemented yet. Workers in enterprises, institutions owned by the wholepeople,party and government organs and mass organizations who meet one of the following conditions should retire:

Men who have reached the age of 60, women who have reached the age of 50, and those who have worked continuously for ten years, are engaged in underground, high altitude, high temperature,particularly heavy manual labor or other jobs harmful to health, and men who have reached the age of 55, women who have reached the age of 45, and have worked continuously for ten years

First of all, if the insured wants to retire, they need to meet two basic conditions: first, the accumulatedpaymentperiod of old-age insurance has reached 15 years, and second, they meet the retirement age stipulated by the state. Under normal circumstances, men can only retire when they are 60 years old, women workers are 50 years old and women cadres are 55 years old.

Secondly, if the insured wants to retire, they need to meet three secondary conditions: first, the social security relationshipshould be collected at theplace of retirement; second, they need topay social security for 10 years at theplace of work and the social security account belongs to the general account; third, they need to confirm the retirement time, so as not to go through the retirement formalities too early or late. These three secondary conditions are not something that every insuredperson needs topay attention to.

Finally, if the insured wants to retire, they need toprepare the following materials: ID card, social security card,personal file, application form for retirement formalities, etc. If the insured belongs to the only-childparents, they also need toprovide the only-child honor certificate. In addition, if there are other local requirements, we also need toprovide corresponding materials before we can retire.

Then, in 2022, with the implementation and implementation of the national overallplan for endowment insurance, it is very likely that the insuredpeople from all over the country will no longer need to transfer the social security relationshipwhen going through retirementprocedures, because under the national overallplan, our insurance information from all over the country can be collected online, and then we can directly go through retirementprocedures, and the wholeprocess is much simpler than before.

To sum up, with the improvement of the old-age insurance system, the wholeprocess is really getting simpler and simpler when we go through the retirement formalities. I believe there will be more convenientpolicies to implement in the future.