Pension or retirement funds are long-term investments.

Judging from the current situation of my country's pension insurance system, it is a social system that provides workers with basic living security when they are old, weak and lose their ability to work.

If you reach retirement age and go through the retirement approval procedures, you can enjoy pension benefits.

Pension insurance funds are jointly borne by the state, enterprises and workers, and are raised and managed by the Social Insurance Center.

Extended information Individuals participating in basic pension insurance can receive basic pensions on a monthly basis if they have made cumulative contributions for 15 years when they reach the legal retirement age.

In other words, employees participating in pension insurance must meet two conditions to receive pensions: first, they must reach the statutory retirement age; second, they must have paid pension insurance premiums for 15 years cumulatively.

According to relevant regulations, my country's legal retirement age for enterprise employees is: men are over 60 years old, female workers are over 50 years old, and female cadres are over 55 years old.

For those who are engaged in underground, high-altitude, high-temperature, particularly heavy physical labor or other work harmful to health (hereinafter referred to as special types of work), the retirement age is 55 years old for men and 45 years old for women; those who are disabled due to illness or not due to work shall be

For those who have been certified by the hospital and confirmed by the Labor Appraisal Committee as having completely lost the ability to work, the retirement age is 55 years old for men and 45 years old for women.