New Social Security Policy in Binhai New Area: What should I do if the migrant workers are 50 years old and the social security has not been paid 15 years?

At the age of 50, migrant workers who have not paid social security for 15 years can pay back to 15 when they retire and receive a pension after retirement.

Pension conditions:

Individuals who participate in the basic old-age insurance can receive the basic old-age pension on a monthly basis if they have paid 15 years when they reach the statutory retirement age. In other words, employees participating in endowment insurance must meet two conditions to receive pension:

First, reach the statutory retirement age;

Second, the accumulated endowment insurance premium has reached 15 years.

The so-called legal retirement age refers to the age when employees resign and are eligible for pensions.

According to the relevant regulations, the legal retirement age of employees in Chinese enterprises is: 60 years for men, 50 years for women employees and 55 years for women cadres. Engaged in underground, high altitude, high temperature, particularly heavy manual labor or other jobs harmful to health (hereinafter referred to as special jobs), the retirement age is 55 years old for men and 45 years old for women; Disabled due to illness or non-work-related, the retirement age is 55 years old for men and 45 years old for women, which is certified by the hospital and confirmed by the labor appraisal committee.