What if the retirement social security is less than 15?

Legal analysis: 1. Continue to pay, and receive the basic pension on a monthly basis after paying 15 years.

20 1 1 Article 2 of the Implementation Provisions issued by Ministry of Human Resources and Social Security on June 29 stipulates that when an individual who participates in the basic old-age insurance for employees reaches the statutory retirement age, the accumulated payment is less than fifteen years, and the payment can be extended to fifteen years. After the implementation of the Social Insurance Law, if the payment is extended for five years but still less than fifteen years, it can be paid in one lump sum for fifteen years. The reason why the laws and regulations at the national level do not stipulate the specific payment method of continuing to pay fees is because "due to the great differences between different places", this power has been handed over to local governments. For employees who have been insured for a long time, it is more favorable to choose to continue to pay.

Two, into the basic old-age insurance for urban and rural residents, enjoy the old-age insurance benefits.

Paragraph 2 of Article 16 of the Social Insurance Law stipulates that individuals who participate in basic old-age insurance and pay less than 15 years when they reach the statutory retirement age can also be transferred to the new rural social old-age insurance or urban residents' social old-age insurance and enjoy corresponding old-age insurance benefits according to the regulations of the State Council. There are two questions to explain here:

(1) According to the Opinions of the State Council on Establishing a Unified Basic Old-age Insurance System for Urban and Rural Residents (Guo Fa [20 14] No.8) issued by the State Council in February, 2014, the State Council decided to merge the new rural social old-age insurance with the urban social old-age insurance to establish a unified national basic old-age insurance for urban and rural residents.

(2) So far, we haven't seen the detailed rules for the implementation of the above provisions. According to the explanation in the above-mentioned book Interpretation of People's Republic of China (PRC) Social Insurance Law (page 74), "As for how to transfer to the new rural social endowment insurance or urban residents' social endowment insurance and how to enjoy the old-age insurance benefits, it is not appropriate for the law to make specific provisions immediately before it has been fully demonstrated and practical experience, so this law has made principled provisions."

Three, a one-time withdrawal of personal account storage, termination of the basic old-age insurance for employees.

Individuals who participate in the basic old-age insurance for employees have paid less than fifteen years after reaching the statutory retirement age and have not been transferred to the new rural social endowment insurance or urban residents' social endowment insurance. Individuals can apply in writing to terminate the basic old-age insurance relationship for employees. After receiving the application, the social insurance agency shall inform it in writing of its right to transfer to the new rural social endowment insurance or urban residents' social endowment insurance and the consequences of terminating the basic endowment insurance relationship for employees. After my written confirmation, I will terminate the employee's basic old-age insurance relationship and pay me the amount stored in my personal account in one lump sum.

Legal basis: Article 16 of the Social Insurance Law of People's Republic of China (PRC). 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.