For those who retire due to illness, 2% will be deducted for each year of early retirement; Normal retirement is not deducted.
1. Retirement of enterprise employees: Employees who have completely lost their ability to work as identified by the labor ability appraisal committee, such as men over 50 years old and women over 45 years old, may apply for retirement from work. Sick retirement is a kind of retirement, and you can receive a monthly pension.
Resignation of enterprise employees: if they reach retirement age, but the payment period is less than 15 or the payment period is less than 10 during the transition period, the retirement benefits will be paid in one lump sum, and the pension insurance relationship will be terminated.
2. Retirement of employees in government agencies and institutions: Employees who have completely lost their ability to work as identified by the Labor Ability Appraisal Committee, such as men over 50 years old and women over 45 years old, can apply for retirement if they have worked for 10 years or more.
Three, enterprises and institutions retirees receive monthly retirement living expenses, together with retirees, according to the relevant provisions of national documents to adjust the treatment of retirees, but the extent will be less than retirees.