I am 60 years old. What should I do if I only pay social security for five years?

Legal analysis: 1. If the local social security center agrees, pay the old-age insurance premium for several years at a time, then go through the retirement formalities and receive the pension on a monthly basis. 2 can not be repaid, cancel the account, take out all the personal account balance.

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

Tenth employees should participate in the basic old-age insurance, and employers and employees should pay the basic old-age insurance premium. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium. The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.

Eleventh basic old-age insurance to implement the combination of social pooling and individual accounts. The basic old-age insurance fund consists of employers, individual contributions and government subsidies.