What if I work in an enterprise and my social security is less than 15?

1. You can choose not to continue to pay employee pension insurance, but to transfer to urban and rural residents' insurance. If an individual reaches the legal retirement age, there is a big difference between the years of paying endowment insurance and 15, so it is necessary to consider whether to continue to pay or switch to endowment insurance for urban and rural residents. If you reach retirement age, you can choose not to continue to pay employee pension insurance, and switch to urban and rural residents' insurance after considering your personal economic situation and physical condition. After transferring to the old-age insurance for urban and rural residents, although receiving less pension, it is better than not receiving it at all.

2. Choose to continue payment. If the number of years when an individual reaches the statutory retirement age is not much different from 15, he can choose to continue to pay. After all, individuals have already paid so much insurance, and it would be a pity not to pay it again. Continue to pay fees, although I retired a few years later, I can still rely on my pension to ensure my life after retirement.

3. Endowment insurance cannot be repaid in advance. Most cities have cancelled the policy of paying old-age insurance in advance. At present, most cities in China have cancelled the policy of paying the old-age insurance in advance to increase the actual life span, so that the insured can get benefits. Therefore, when an individual reaches the legal age, the accumulated payment is less than 15 years, so he can't pay back in advance, and he can only apply for retirement by continuing to pay to 15 years.

legal ground

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.