irement is an important phase in everyone's life. 😊 To understand how retirement wages are calculated, we first need to know the basic principles of China's retirement policies. The retirement age for men is typically 60 years old, while for women working in administrative or professional roles, it’s 55, and for those in production or service positions, it’s 50.

The calculation of retirement wages mainly depends on factors like years of contribution, average monthly salary of employees in the previous year, and individual account balances. 💰 Generally, the longer you have contributed to social insurance, the higher your pension will be.

Additionally, local governments may adjust pensions annually based on inflation rates and economic conditions. 📈 This ensures that retirees maintain their purchasing power over time.

Understanding these policies can help workers plan better for their future, ensuring financial security during retirement. 💪 By contributing regularly and staying informed about updates, employees can enjoy a stable and comfortable retirement life. 🏡✨