The latest news on the delayed retirement plan to be officially implemented in 2022: At what specific age can one retire? Attached is the latest timetable

The implementation of delayed retirement was mentioned at the 2021 National People's Congress and in the 14th Five-Year Plan, and various provinces and cities began to release draft opinions in the second half of 2021 to solicit everyone's opinions. So what is the latest news about the official implementation of the delayed retirement plan in 2022? At what age can one retire? The latest timetable is as follows:

1. The latest news on the delayed retirement plan to be officially implemented in 2022

1.2022 Delayed Retirement Central Latest News

On February 21, the State Council issued the 14th Five-Year Plan for the Development of National Aging Services and Elderly Care Service System. The plan clearly proposed to gradually delay the statutory retirement age, which means that the delay in retirement will be implemented gradually in the future. At that time, retirement time will only be extended by a few months each year until the statutory retirement age is reached. Some experts suggest that starting from 2018, the retirement age for women will be delayed by one year every three years, and the retirement age for men will be delayed by one year every six years. By 2045, the retirement age for both men and women will reach 65 years old.

2.2022 Latest News on Delayed Retirement in Various Regions

Jiangsu Province: On January 30, 2022, the Jiangsu Department of Human Resources and Social Security issued a notice on the implementation measures of basic pension insurance for enterprise employees, which clearly stated that the delayed retirement plan will be officially implemented from March 1, and insured persons can postpone their retirement, and the minimum postponement period for retirement is no less than one year.

Shandong Province: In early January 2020, Shandong implemented a nationwide policy of delaying retirement, mainly targeting technical workers. If they can reach the level of associate senior professional title or above, they can voluntarily choose whether to delay retirement.

2. At what age can one retire under the delayed retirement plan? Attached is the latest timetable

The delayed retirement plan allows men to retire at the age of 60, female cadres at the age of 55, female workers at the age of 50, and female flexible employment personnel at the age of 55. However, the retirement age implemented in each region may be different, and the specific retirement age shall be subject to the officially announced retirement age. The latest timetable for Jiangsu's delayed retirement plan is as follows:

1.2022 female workers delayed retirement schedule:

For those who work in management and technical positions at the age of 50, or 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, the retirement age of female cadres shall be applied.

2.2022 Retirement schedule for female flexible employment workers and unemployed women:

For those who were formerly permanent employees, or those who formerly worked in worker positions in state-owned enterprises and whose labor relations were terminated in accordance with the law before the issuance of Document No. 20 of the former Ministry of Labor and Social Security, or those who had a total of 15 years of deemed payment years and actual payment years in worker positions in the employer when they were 50 years old, the retirement age of female workers shall be applied.

Note: For unemployed women who do not meet the above two requirements, the retirement age is 55 years old.

3.2022 Delayed retirement schedule for special occupations:

Men must be 55 years of age or above, and women must be 45 years of age or above, and meet the relevant national regulations, 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.

4.2022 Disability Delayed Retirement Schedule:

Males aged 50 or above and females aged 45 or above who are disabled due to illness or non-work-related reasons and have been confirmed by the municipal labor capacity appraisal committee to have completely lost their ability to work.

If the state has other provisions on retirement age, such provisions shall prevail. For example, there is a woman who is now 50 years old and has reached the legal retirement age. However, this woman is a company executive with rich work experience and strong ability. The company does not want this female executive to retire, but this female executive also wants to extend her working years. After consensus between the two parties, she can apply for delayed retirement, but the application period for delayed retirement must not be less than one year.

In general, the delayed retirement plan will be officially implemented in 2022. The latest news is that many regions have begun to implement it, and male and female workers can retire when they reach the age of 50 or 60. If you are particularly capable and the company is willing to retain you, you can apply for delayed retirement after consultation between the two parties. This is not a mandatory requirement for everyone.