Legal Basis: Interim Measures of the State Council on Retirement and Resignation of Workers Article 1 Workers in enterprises, institutions, state organs and people's organizations owned by the whole people who meet one of the following conditions shall retire: (1) Men who have reached the age of 60 and women who have reached the age of 50 and have worked continuously for ten years. (2) Those who are engaged in underground, high altitude, high temperature, particularly heavy manual labor or other jobs harmful to health, and have reached the age of 55 for men and 45 for women, and have worked continuously for ten years. This provision also applies to grassroots cadres whose working conditions are the same as those of workers. (3) The male has reached the age of 50, the female has reached the age of 45, and has worked continuously for ten years, and has been certified by the hospital and confirmed by the labor appraisal committee, and has completely lost the ability to work. (four) work-related disability, proved by the hospital, and confirmed by the labor appraisal committee, completely lost the ability to work.
"Social Insurance Law of People's Republic of China (PRC)" Article 16 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.