The latest retirement age regulations were introduced.
The delay plan was introduced, and the "buffer period" was about 5 years. It was officially implemented in 2022 and completed in 2045. He Ping, director of Ministry of Human Resources and Social Security Social Security Research Institute, suggested that China should gradually extend the retirement age, suggesting that by 2045, the retirement age should be 65 for both men and women.
According to the provisions of the Interim Measures for the Retirement and Resignation of Workers and the Interim Measures for the Resettlement of Old, Weak, Sick and Disabled Cadres, retirement can be handled under the following circumstances:
(1), male cadres and workers are over 60 years old, female cadres and workers are over 55 years old, and female employees are over 50 years old, with continuous service or working years 10 year.
(2) Employees who are engaged in underground, high altitude, high temperature, heavy manual labor and other jobs harmful to health, men are over 55 years old, women are over 45 years old, and their continuous working years or working years are over 10 years.
(3) Workers who have worked continuously for 10 years, and have been completely incapacitated by the hospital and confirmed by the labor appraisal committee.
(4) Disabled due to work and completely incapacitated by hospital appraisal (the laborer is confirmed by the labor appraisal committee). According to the Regulations on Work-related Injury Insurance, if an employee is identified as a first-class to fourth-class disability due to work-related disability, he/she will retain his/her labor relationship, quit his/her job and enjoy disability allowance on a monthly basis; Workers with work-related injuries who reach retirement age and go through retirement formalities will stop receiving disability allowance and enjoy basic old-age insurance benefits. If the basic old-age insurance benefits are lower than the disability allowance, the industrial injury insurance fund will make up the difference.