Do I have to pay social security one month before retirement?

Pay social security one month before retirement.

Workers still have to pay social security fees in the month when they reach the statutory retirement age; The following month, you can go through retirement procedures, get a retirement certificate and a retirement salary card, and start to receive a pension. Individuals who participate in the basic old-age insurance, who have paid for fifteen years and reached the statutory retirement age, are eligible to receive the basic pension on a monthly basis. At this point, the laborer's labor contract will be terminated and he will officially enter retirement. If a worker applies for retirement after meeting the retirement conditions, the pension will be paid from the month following the retirement conditions, not from the month when retirement is approved.

Influencing factors of social security payment:

1. Payment period: it affects the calculation and payment conditions of pension;

2. Payment base: determine the amount of social insurance premiums to be paid each month;

3. Payment types: including pension, medical care, unemployment, work injury and maternity insurance, each of which affects different social security rights and interests;

4. Payment regions: Social security policies and payment ratios may be different in different regions;

5. Personal identity: employees, flexible employees, etc. , affecting the payment method and treatment enjoyment.

To sum up, workers still need to pay social security fees in the month when they reach the legal retirement age, and they can go through retirement procedures and start to receive pensions in the next month, thus entering a formal retirement state. Pensions are also paid from the month after they meet the retirement conditions, not from the month when they are approved for retirement.

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.