When the new "Social Insurance Law" was promulgated, if the accumulated payment was less than fifteen years when the legal retirement age was reached, the payment could be over fifteen years. How to e

When the new "Social Insurance Law" was promulgated, if the accumulated payment was less than fifteen years when the legal retirement age was reached, the payment could be over fifteen years. How to explain it? The new social security law came into effect on July 1. At the same time, there is a supporting regulation in Ministry of Human Resources and Social Security, Ministry DecreeNo. 13: Article 2 When an individual who participates in the basic old-age insurance for employees reaches the statutory retirement age, the accumulated payment is less than fifteen years, and the payment can be extended to fifteen years. After the implementation of the Social Insurance Law, if the payment is extended for five years but still less than fifteen years, it can be paid in one lump sum for fifteen years.

So you can pay in one lump sum and start enjoying your pension. The amount of overdue payment shall be determined according to the local annual social security payment base. This should be calculated by consulting the local social security bureau, and the monthly retirement fee should be calculated by the social security bureau.

Of course it's worth making up for your mother. After all, this is a national pension policy, and the finance will give some subsidies according to factors such as rising prices.