Continue to pay social security at the statutory retirement age.

If you reach retirement age, you can continue to pay social security below 15.

Details are as follows:

1. When the insured individual reaches the statutory retirement age, if the accumulated payment is less than fifteen years, the payment may be extended to fifteen years;

2, social insurance law before the implementation of insurance, deferred payment after five years is still less than fifteen years, can be a one-time payment to fifteen years.

According to the provisions of the Labor Contract Law, the labor contract between the enterprise and the employee will be automatically terminated after the employee reaches the retirement age; When the labor contract is terminated, the employer has no obligation to pay social security for the workers. Therefore, after reaching retirement age, you can go to local social security agencies for renewal procedures (if you decide which city to retire in, you will postpone social security locally).

How to calculate the retirement salary?

1, personal account pension. Personal account pension is equal to the amount stored in personal account divided by the number of months. Generally speaking, the number of months is mainly determined according to the retirement age and the average life expectancy of the population at that time, that is, the number of months is equal to the average life expectancy of the population MINUS the retirement age multiplied by12;

2. Basic pension. The basic pension is equal to the sum of the average monthly salary of employees in the province in the previous year plus my indexed monthly payment salary divided by 2 times the payment period multiplied by 1%.

I hope the above content can help you. Please consult a professional lawyer if you have any other questions.

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

Article 62 If the employer fails to declare the amount of social insurance premiums that should be paid according to the regulations, the amount that should be paid shall be determined according to 1 10% of the amount paid by the employer last month; After the payment unit completes the declaration procedures, the social insurance fee collection agency shall make settlement in accordance with the provisions.

Article 63 If an employer fails to pay social insurance premiums in full and on time, the social insurance premium collection agency shall order it to pay or make up within a time limit.

If the employer fails to pay or repay the social insurance premium within the time limit, the social insurance premium collection agency may inquire about its deposit account in banks and other financial institutions; And can apply to the relevant administrative departments at or above the county level to make a decision on the allocation of social insurance premiums, and notify their bank or other financial institutions in writing to allocate social insurance premiums. If the balance of the employer's account is less than the social insurance premium that should be paid, the social insurance premium collection agency may require the employer to provide guarantee and sign a deferred payment agreement.

If the employer fails to pay the social insurance premium in full and fails to provide guarantee, the social insurance premium collection agency may apply to the people's court for sealing up, distraining and auctioning the property whose value is equivalent to the social insurance premium that should be paid, so as to offset the social insurance premium with the proceeds from the auction.