Job Recruitment Website - Social security inquiry - Can social security be paid in one lump sum when it reaches retirement age?
Can social security be paid in one lump sum when it reaches retirement age?
First, the basic provisions of social security contributions
Social security payment is implemented in accordance with national laws, regulations and relevant policies, aiming at protecting the rights and interests of workers. Usually, social security fees need to be paid monthly or annually to ensure the continuity and integrity of personal accounts.
Second, the social security situation when reaching retirement age.
When workers reach retirement age, the status of their social security accounts will determine whether they can enjoy the corresponding social security benefits. If there is arrears in personal accounts, that is, the corresponding social security fees are not paid at the specified time, it may affect their enjoyment of social security benefits.
III. Provisions on Paying Social Security Fees
For individuals who have arrears in their social security accounts when they reach retirement age, they usually need to pay them back according to local social security policies. The specific amount, time and payment method will vary according to the personal arrears and local policies. It should be noted that one-time payment is not universally applicable, and the specific situation needs to be determined according to local policies.
Four. Consultation and handling
For the specific situation and supplementary provisions of individual social security accounts, it is recommended to consult the local social security bureau or relevant departments for accurate information and guidance. When going through the formalities of overdue payment, it is also necessary to provide necessary supporting materials and pay corresponding fees in accordance with relevant regulations.
To sum up:
Social security to retirement age, generally not allowed to pay in one lump sum. If there is arrears, it needs to be paid according to the local social security policy. When going through the relevant procedures, it is recommended to consult the local social security bureau or relevant departments to ensure payment according to regulations and enjoy the corresponding social security benefits.
Legal basis:
People's Republic of China (PRC) social insurance law
Article 16 stipulates:
"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. "
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