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Measures for the issuance of personal pensions for retired civil servants

Legal subjectivity:

The policies on the pension for civil servants are as follows: The Decision on the Reform of the Pension Insurance System for Staff in Institutions and Institutions divides "middle-aged people" into two situations. One is the person who decided to work before implementation and retired after implementation, and the accumulated payment period has reached 15 years. In accordance with the principle of reasonable convergence and smooth transition, on the basis of basic pension and personal account pension, transitional pension is paid according to the length of deemed payment period. To put it simply, it is mainly because they have worked for so many years before. If they pay back the old-age insurance, the funding gap is too big. If they are regarded as unpaid, it will be unfair to their years of labor. Therefore, a smooth transition will be achieved through the issuance of transitional pensions. The other is the person who reaches retirement age after the implementation of the decision, but the individual cumulative payment period is less than 15 years. Simply put, employees who have paid less than 15 years (I doubt there will be) will continue to pay, and they will receive pensions after paying 15 years.