How social security is cumulative

Social security contributions are generally cumulative. Taking pension insurance as an example, if a participant has accumulated fifteen years of contributions, he or she reaches the retirement age and can receive a monthly basic pension after completing the retirement formalities. This contribution period is accumulated and added together to calculate.

Article 16 of the Social Insurance Law of the People's Republic of China (P.R.C.) stipulates that individuals who have participated in the basic pension insurance program will receive a monthly basic pension if they have contributed for a total of fifteen years by the time they reach the legal retirement age. Individuals who have participated in basic old-age insurance and have contributed for less than fifteen years by the time they reach the legal retirement age may contribute until they reach the full fifteen-year limit and receive a basic pension on a monthly basis; they may also be transferred to the new type of rural social old-age insurance or to the social old-age insurance for urban residents, and shall enjoy the corresponding old-age insurance benefits in accordance with the provisions of the State Council. Article 27 of the Social Insurance Law of the People's Republic of China (PRC) states that individuals who participate in basic medical insurance for employees and who have paid contributions for a total of up to a specified number of years by the state when they reach the legal retirement age shall no longer be required to pay basic medical insurance premiums after their retirement, and they shall enjoy basic medical insurance benefits in accordance with the provisions of the state; and those who have not yet reached the state's specified number of years shall be permitted to pay contributions for up to the state's specified number of years.