2. Go to the window set up by the Human Resources and Social Security Bureau for retirement approval.
3. If you meet the retirement requirements after being approved by the Human Resources and Social Security Bureau, please bring the retirement approval form and your ID card to the individual payment window to modify the basic information and confirm the payment.
4. Go to the designated bank to apply for a pension debit card.
5. At the end of the next month after completing the retirement formalities, go to the Fund Audit Section of the Social Security Bureau to receive (basic pension treatment calculation table).
Legal basis: People's Republic of China (PRC) Social Insurance Law.
Fifteenth basic pension consists of overall pension and individual account pension.
The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.
Sixteenth 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.