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Social security extends payment period
In 20021year, the Tenth Five-Year Plan for the Development of Human Resources and Social Security issued by Ministry of Human Resources and Social Security clearly mentioned that the statutory retirement age should be gradually delayed and the minimum payment period for receiving basic pension should be gradually increased according to the principles of step-by-step adjustment, flexible implementation, classified promotion and overall consideration. At present, the minimum payment period of medical insurance in most areas is higher than 15 years. Recently, many places are gradually increasing the minimum payment period of medical insurance for employees. For example, the Guangdong Provincial Medical Insurance Bureau issued the Interim Measures for the Transfer and Continuation of the Basic Medical Insurance Relationship in Guangdong Province, which made it clear that from July 1 day, 2022, the province's employee medical insurance payment period policy will be gradually unified. The cumulative payment period will be 1, 1, 2030, which means that men have to pay for 30 years and women have to pay for 25 years.