Issued by: Ministry of Human Resources and Social Security, Organization Department of the Central Committee of the Communist Party of China, Ministry of Finance
Issue No.: Renshebufa (2024) No.94
Release Date: December 31, 2024
Effective Date: January 1, 2025
Links: https://www.gov.cn/zhengce/zhengceku/202501/content_6995747.htm
Based on the previously issued "Measures for the Gradual Deferral of Statutory Retirement Age" by the State Council, this Interim Measures further clarifies the flexible retirement policy. The main contents are as follows:
1. Flexible Early Retirement: Employees who have met the minimum social insurance contribution period are eligible to apply for a flexible early retirement with a maximum of three years. After applying for early retirement, the retirement age shall not be lower than the original statutory retirement age of 50 years old for female workers, 55 years old for female employees in management and technical positions, and 60 years old for male employees. Employees who apply for flexible early retirement must inform their employer in writing at least three months before their intended retirement date;
2. Flexible Deferred Retirement: Under mutual agreement between the employee and the employer, employees can apply for deferred retirement, with the deferral period not exceeding three years from the statutory retirement age. During the period of flexible deferred retirement, the employment relationship between the employer and the employee continues, and both parties should timely and fully pay social insurance premiums.
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