Is it appropriate to negotiate an early retirement for senior designers with less than 5 years left until retirement?

This post was last edited by Wise Ming on 2023-2-1 at 12:42, with the choice to take compensation and leave. If one remains in the same company, with 30 years of service, the N+1 compensation would amount to 20+W. Through social insurance, unemployment benefits of around 2000 yuan per month can be received as a unemployed person. Those who are less than 5 years away from retirement can continue to receive these benefits until their retirement certificate is issued.

This post was last edited by Qingcheng Jun on 2023-2-1 at 13:14. It does seem good; pensions are part of social security benefits and are not provided by the employer, so there’s no such thing as not being able to receive a pension after being fired. Getting more compensation plus industrial insurance is great. After receiving compensation, there is no need to sign an employment contract with the new employer; one can work for them as a consultant, on projects, or for freelance work in exchange for payment

I have 7–8 years of work experience in a company based in Beijing. I do not have a Beijing residence permit, but I want to retire there and receive a pension. I have paid insurance contributions in Beijing for 15 years. It is said that it is rather complicated to retire in Beijing, and that people without a Beijing residence permit cannot pay for pension insurance on their own

Your suggestion is even more drastic: lol

Before retirement, there is unemployment insurance; generally, one month’s benefit is granted for each year of service, with a maximum of 24 months. However, for unemployed individuals of advanced age (over 55), it can be extended until they reach 60. A pension is available only after retirement.

It’s best to find the receiving party first, if the compensation is substantial. Otherwise, I’d better stay at the company until the last five years, as finding a new job isn’t easy. It’s still uncertain what kind of troubles there will be once I actually start working at the new company,,, You’re still fine; you’ll reach your destination in five years. I’ve been through the process of being laid off, having my contract bought out, and then trying to find new employment again… It’s extremely difficult. Back then, there was a fifteen-year period during which one could stay in a certain place, and it was also the era when private enterprises made extensive use of labor; now it might be more difficult. Let’s compare it: the compensation amount versus five years’ worth of income. After all, people need to have a desire to work; losing that desire is also a form of suffering. But that’s another matter if there are other things waiting to be implemented. For reference.

I haven’t learned much about pensions in detail. It is said that there are currently large gaps in pension and health insurance funds, there have been de facto defaults on municipal bonds, and the reliance on land revenues to fund government operations poses a serious problem. Decoupling between China and the U.S., economic downturn. It’s uncertain whether one will be able to receive it in the future

It’s hard to find a job these days; the employment situation is very poor, especially for those who are older. It’s not clear whether companies will eventually force them to leave – it seems that people get less favored as they get older:lol

Yes, so we must persevere to the end. If the employer forces layoffs, compensation is still due based on length of service. But during this time, it would be best to find a suitable organization; otherwise, just go with the flow and persevere until the end. At this time, it is essential to keep a calm mindset and make a smooth transition. At this age, if physical or mental health is not taken care of properly, problems can arise; this is for reference only.

The steps for implementation were well explained on the 2nd floor; I’d like to add that, as long as one doesn’t waste time doing unnecessary things, it’s generally possible to achieve a senior professional title by retirement. There are risks associated with obtaining a fake degree, but there are hardly any risks when pursuing a real professional title. One can also work as a freelance contractor for various design firms or individual clients to earn some extra money. In the past, taking on such private projects required secrecy, but now one can do it whenever they want and take breaks when tired. Don’t be too comfortable.