What should I do if I reach retirement age in the remaining two years after paying social security 13 in Shanghai?

After paying social security 13 years in Shanghai, you can choose to pay the personal supplementary fee for the remaining 2 years until retirement age, and then you can enjoy the old-age insurance benefits if you pay less social security 15 years. You can also receive pension funds accumulated in personal accounts on a monthly basis. If you don't live in Shanghai, you need to go through the transfer formalities.

When Shanghai employees have paid social security for 13 years and their retirement age is still 2 years, they can choose to pay back the years in their personal accounts to reach the social security payment period of not less than 15 years. Specifically, according to the actual situation, you can contact the social security agency to calculate the payment amount, and after paying the corresponding fees, go through the payment procedures to meet the requirements of the minimum payment period, so as to enjoy the old-age insurance benefits. In addition, you can also receive pension funds from personal accounts as a source of income after retirement. It should be noted that if employees no longer live in Shanghai, they need to go through social security transfer procedures. Specifically, you can apply for social security transfer to the social security agency where the original unit is located, and provide ID cards, household registration books, social security cards and other related materials. After handling the transfer procedures, you can accept social security contributions at the social security agency of your new work unit or residence.

After retirement, can I receive pension insurance benefits if I have not reached the minimum payment period of pension insurance? According to the Social Insurance Law of People's Republic of China (PRC), if you fail to reach the minimum payment period of the old-age insurance when you retire, you are not eligible for the old-age insurance benefits. In this case, individuals can choose to receive pensions or enjoy government assistance projects such as minimum living security. Therefore, it is suggested that employees start to pay social security as soon as possible, increase the payment period of endowment insurance, and ensure the economic source in their later years.

When the remaining years of social security contributions are less than 15 in the first two years of retirement in Shanghai, employees can choose to pay personal supplementary fees to make up the years of social security contributions and "buy" old-age insurance benefits at a low price. If you don't live in Shanghai, you need to go through the social security transfer procedures. I believe this article is helpful to employees on the issue of endowment insurance.

Legal basis:

Article 74, Chapter XII of the Social Insurance Law of People's Republic of China (PRC), states that those who participate in the basic old-age insurance can receive the basic old-age pension after they have paid the local fees for fifteen years and reached the statutory retirement age.