Is the social security I bought in the factory ten years ago still valid?

The social security bought in the factory ten years ago is valid.

You can continue to pay fees and continue to pay fees on the original social security card. But the original social security card must be run in the same city. The social security payment method is accumulated in the first 10 year, with intervals allowed, and must be paid continuously for 5 years without interruption. Once interrupted, the time will be recalculated (referring to the last five years). Pay in this way 15 years, and you can receive the pension in the payment area after reaching retirement age. So there is no need to close the account. If you want to cancel your account, you can go to the original unit to open a certificate. If the enterprise goes bankrupt, you can go to the industrial and commercial department to issue a bankruptcy certificate and cancel the account.

There are three ways for individuals to pay social security, one is through the unit or social security platform, and the other is to pay social insurance as a freelancer. Details are as follows:

1, employees with units, that is, units * * * pay the same fees as individuals, and individuals pay a part according to their average monthly salary in the previous year, while individuals pay endowment insurance according to their average monthly salary in the previous year, 2% pay medical insurance and 0.5- 1% pay unemployment insurance;

2. Freelancers without units shall be paid according to a certain proportion according to the specified payment base (which varies from place to place), general endowment insurance shall be paid according to the proportion of 18-28%, and medical insurance shall be paid according to the proportion of 6- 10% of the local average social wage level in the previous year, provided that they have urban household registration in this city and meet the conditions for participation;

3. Unemployment and non-local residents pay social security through the social security platform, which is essentially the same as employee social security. Generally speaking, through the social security payment platform, the fees that individuals need to pay are divided into two parts, social security fees and platform service fees.

legal ground

Article 16 of the Social Insurance Law of People's Republic of China (PRC) * * * Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid for fifteen years at 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. Nineteenth individuals across the overall regional employment, the basic old-age insurance relationship with my transfer, the cumulative payment period. When an individual reaches the statutory retirement age, the basic pension is calculated in stages and distributed uniformly. Specific measures shall be formulated by the State Council.