Will Jiangsu officially implement delayed retirement starting March 1, 2022? To what specific age should retirement be delayed? Attached is the latest news on age!

Delaying retirement has been one of the topics that people have paid more attention to in recent years. Some cities have already implemented it, and some will implement it soon. Will Jiangsu officially implement delayed retirement starting on March 1, 2022? To what specific age should retirement be delayed? Attached is the latest news on age!

1. Will Jiangsu officially implement delayed retirement starting March 1, 2022?

Jiangsu will officially implement delayed retirement on March 1, 2022. Because according to the "Notice on Issuing the Implementation Measures for Basic Pension Insurance for Enterprise Employees in Jiangsu Province" issued by the Jiangsu Provincial Department of Human Resources and Social Security on January 30, 2022, this notice will be implemented from March 1, 2022. If any previous provincial and local regulations are inconsistent with these implementation measures, these implementation measures shall prevail. The specific provisions for delayed retirement are as follows:

1. Insurance participation and payment regulations:

(1) Persons receiving unemployment insurance benefits may participate in basic pension insurance and follow the payment policy for flexible employment personnel.

(2) For new employees of an employer, the basic pension insurance premium shall be paid based on the wage income calculated on a full-month basis in the month of starting salary, within the upper and lower limits of the wage base stipulated for the year.

(3) For employees who are assessed as having a disability grade of one to four due to work-related disability and receive a monthly disability allowance, the disability allowance shall be the contribution wage base within the prescribed upper and lower limits of the contribution wage base, and the employer and the employee shall pay basic pension insurance premiums in accordance with regulations.

2. Benefit Collection Regulations:

(1) When insured persons who work across provinces meet the conditions for receiving benefits, their place of benefit receipt shall be determined in accordance with national regulations.

(2) When insured persons who are employed across regions within the province meet the conditions for receiving benefits, their place of receiving benefits shall be determined based on the districts of prefecture-level cities and counties (cities) in accordance with the relevant national regulations on the place of receiving benefits.

(3) For insured persons with household registration in other provinces whose place of benefit collection is determined to be in our province, and whose payment years in all places in our province are less than 10 years, the place of benefit collection shall be the place with the longest payment years in our province. If there are two or more places with the longest payment years, the place of benefit collection shall be the place with the last payment year with the longest payment years.

2. Jiangsu will officially implement the delayed retirement policy starting on March 1. To what specific age will the retirement age be delayed? Attached is the latest news on age!

Jiangsu officially implemented the delayed retirement age requirements from March 1, which are 60 years old for men, 55 years old for female cadres, 50 years old for female workers, and 55 years old for female flexible employment personnel. The specific age regulations are as follows:

1. The latest news on the delayed retirement age for female workers in Jiangsu: Those who work in management and technical positions at the age of 50, or who have worked in management and technical positions for a total of 5 years and have worked in management and technical positions after the age of 45, will be subject to the retirement age of female cadres.

2. The latest news on the delayed retirement age for female flexible employment insured persons and unemployed women in Jiangsu: Those who were formerly permanent employees, or formerly worked in state-owned enterprise worker positions and terminated their labor relations in accordance with the law before the issuance of the former Ministry of Labor and Social Security Document No. 20 [2001], or those who were deemed to have paid contributions and actually paid contributions in total for 15 years at the age of 50 in the worker position of the employing unit, shall be subject to the retirement age for female workers. For unemployed women who do not meet the above requirements, the retirement age shall be 55 years old.

3. The latest news on the delayed retirement age for special occupations in Jiangsu: men must be 55 years old or above, women must be 45 years old or above, and meet the requirements of the State Council’s document Guofa [1978] No. 104, and be engaged in special occupations that are eligible for early retirement as specified by the state and have completed the prescribed number of years. Insured persons who meet the conditions for early retirement in special occupations may, upon consultation and agreement between the employees and the enterprise, choose to retire between the retirement age specified in this item and the retirement age specified in the previous item.

4. The latest news on Jiangsu’s delayed retirement age due to illness or non-work-related disability: men aged 50 and above and women aged 45 and above, who have completely lost their ability to work as confirmed by the municipal labor capacity appraisal committee.

Summary: Jiangsu will officially implement delayed retirement on March 1, 2022. The specific delayed retirement age is 60 years old for men, 55 years old for female cadres, 50 years old for female workers, and 55 years old for female flexible employment personnel. For special workers, men are required to be 55 years old and women are required to be 45 years old. Those who are disabled due to illness or non-work-related reasons are required to be 50 years old for men and 45 years old for women.