Job Recruitment Website - Social security inquiry - Shenzhen social security has been paid 15 years. Can I stop paying?
Shenzhen social security has been paid 15 years. Can I stop paying?
Individuals who pay endowment insurance as flexible employees can voluntarily choose whether to continue to pay.
For insured employees, according to the regulations, employees should participate in the basic old-age insurance, and the employer and employees jointly pay the basic old-age insurance premium. If you have paid 15 years, but haven't reached retirement age, you can continue to pay social security until you retire, because the length of social security payment will affect the pension you receive after retirement.
The factors that affect the pension mainly include payment salary (i.e. payment base), payment period (including deemed payment period), personal account accumulation, and the average monthly salary of employees in Shenzhen last year when they retire. These factors are directly proportional to the amount of pension, that is, the higher the payment base, the longer the payment period, and the more pensions you receive when you retire.
In addition, it should be noted that the pension insurance will not be cleared after it is paid off, as long as it continues to be paid in the future.
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