To actively respond to the payment crisis of China’s basic pension insurance caused by the aging of the population, the Chinese government is actively formulating the policy of delaying retirement. This paper designs four types of delaying retirement policies that may be issued by the Chinese government, and explores the effect of the delaying retirement policies on the financial status of individual account of China’s basic endowment insurance. We find that the delaying retirement policy is beneficial to the financial status of individual account in the early stage of the forecast, but it will worsen the financial situation of the individual account in the later period of the forecast. There is no significant difference in the effects of the delaying retirement policy under the four different schemes and different genders.