Who will be the first to be affected by the delayed retirement? Attached is the list of delayed retirement age 2022!

Delaying retirement has been one of the hot topics in recent years because it is directly related to everyone's pension issue. The latest news about delaying retirement in 2022 is that Jiangsu Province will officially implement it from March 1, 2022. So, who will be the first to be affected by the delayed retirement? Attached is the list of delayed retirement age 2022!

1. Who will be the first to be affected by the delayed retirement?

The first group is female workers aged 50 or less (women born in 1972 or later);

The second group is female cadres and male workers aged 55 or below, mainly those engaged in manual labor (born in 1967 or later);

The third group of people are male cadres aged 60 or below (males born in 1962 or later).

II. List of Delayed Retirement Age 2022

1. Calculation formula for delayed retirement age:

The current retirement age for employees in my country is 60 for men, 55 for female cadres, and 50 for female workers.

According to the example of "adding 3 months to retirement for one year later", the retirement age calculation formula after delayed retirement is deduced:

Retirement age for female employees = 50 + 3 * (50 + year of birth - 2021) / 12

Retirement age for female cadres = 55 + 3 * (55 + year of birth - 2021) / 12

Male retirement age = 60 + 3 * (60 + year of birth - 2021) / 12

2. List of delayed retirement ages for women

3. List of delayed retirement ages for men

Note: The above table is for reference only.

4. What are the benefits of delaying retirement for individuals?

1. Increase the payment period to meet the requirements for receiving pension insurance benefits

Everyone knows that the one-time supplementary payment system has been cancelled for the basic pension insurance for employees. Some people may not be able to receive monthly pension benefits even when they reach the age of 60 due to late participation in the insurance or a long period of interruption in payment. If the employee pension insurance chooses to delay retirement, it can meet the needs of some people with less than 15 years of payment and better protect people's relevant pension rights and interests.

2. Improve pension benefits

From 2005 to 2021, my country has maintained a pension increase for 17 consecutive years, which means that the later you retire, the more times you will enjoy the increase. At the same time, the pension from an individual account is related to the balance in the individual account and the number of months for payment. The more the balance in the individual account, the more pension you will receive. Delaying retirement by one year means that the balance of pension paid by individuals will be larger. The number of months in which pension is paid is linked to the retirement age. For retirement at 50 and 60, the number of months in which pension is paid is 195 and 139 months respectively. Therefore, after delaying retirement, the monthly pension amount will be higher.

From the above, we can see that the three age groups that will be first affected by the delayed retirement are mainly 60-year-old men, 55-year-old female cadres and 50-year-old female workers who were originally scheduled to retire.