My parents didn't pay social security until they were 50. How will they receive a pension in the future?

My parents didn't pay social security until they were 50. How will they receive a pension in the future? Parents don't pay social security until they are 50. How will they receive a pension in the future? 50 years old, if you originally wanted to create a social security account, is this time relative or later? As we all know, the current standard normal retirement age is only 60 at the latest, and it is very likely that delayed retirement will be implemented in the future, but it is not easy to delay retirement across the board. Therefore, he will definitely delay the time from shallow to deep in a step-by-step manner. For your 50-year-old parents, even if you catch up with the delayed retirement, the maximum delay period will not be long.

So we can ignore delaying retirement, because she can still retire at the age of 60. But it must be too late for you to set up a social security account when you are 50, so the time from 50 to 60 is only 10 years. Even after retirement, it is only 12 years, which is still short of the minimum payment period of the current standard social security, 15 years.

Therefore, when you reach the normal retirement age, you can't actually retire directly. At least you can't retire immediately according to the employee pension insurance. There is naturally another way. You can change employee pension insurance into urban residents' pension insurance, and then you can retire. After it is changed to the old-age insurance for residents, in this case, a one-time payment of 15 years is allowed, and you can retire directly and enjoy the monthly pension treatment.

But you don't have this standard. After all, your economic field is not very good, and you are unable to pay more than 1000 yuan a year in the form of flexible employment. It is also a wise choice to change to residents' old-age insurance. After all, you can at least experience the old-age treatment of residents. Of course, residents' pension benefits are determined according to the total amount of your own personal account. Generally, residents who have participated in employee pension insurance will have a high pension.