Can employees resign and retire after paying 15 social security?

Employees/kloc-can resign and retire after 0/5 years of social security payment.

1. After paying social security 15 years, you can stop paying it, but you can't go through retirement formalities and receive a pension until you reach the legal retirement age;

2. If the social security payment stops after 15 years, the pension can only be calculated according to the average social wage of the previous year when the social security payment is 15 years, so the calculated pension is low;

3. If you are employed in a company, the company will generally require you to pay social security for employees, and you can't interrupt the payment independently;

4. It is suggested to extend the payment period to retirement as much as possible, so that you can enjoy higher retirement benefits.

Social insurance payment period:

1, the payment period of employee basic endowment insurance refers to the actual payment period of individuals participating in employee basic endowment insurance, including deemed payment period;

2. The minimum payment period of basic old-age insurance for employees stipulated by the state is 15 years. If the employee reaches the statutory retirement age but the accumulated payment is less than 15 years, it can be supplemented to 15 years at one time;

3. The longer the payment period, the more personal account savings, the higher the payment index used in calculating the basic pension, and the corresponding increase in pension benefits;

4. After paying 15 years, if you continue to extend the payment period, you can enjoy three treatments: basic pension, personal account pension and transitional pension when you retire;

5. In addition to the payment period, the average social wage level at retirement and the amount of personal account will also affect the calculation and payment level of pension.

To sum up, after paying social security 15 years, employees can choose to stop paying and wait until the legal retirement age to go through retirement procedures to receive pensions. However, stopping payment will affect the calculation and payment level of pension at retirement. If conditions permit, it is recommended to pay until retirement, and you can enjoy higher pension insurance benefits.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 16

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age.

Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.