In Yuhuan, Taizhou, Zhejiang, the old-age insurance premium cannot be paid 15. Can I buy it out?

To receive a pension after retirement, the minimum payment period is 15 years. Endowment insurance is essential for employees. After the old-age insurance payment 15 years, according to the regulations, to receive the basic pension on a monthly basis, two conditions must be met:

First, it must reach the statutory retirement age;

Second, the accumulated contributions of individuals participating in basic old-age insurance have reached 15 years.

In other words, the minimum payment period for receiving a pension after retirement is 15 years. However, this does not mean that fees will not be paid after 15 years. This is because social security contributions are mandatory. As long as you are still working in enterprises and institutions, you should continue to pay on time even if you have paid 15 years. This is not dispensable, nor can it be unilaterally cut off. Of course, if you stop working after paying 15 years, you naturally don't have to pay again, but you can't get a pension until you retire.