What if social security reaches retirement age less than fifteen years?

When social security reaches the retirement age of less than fifteen years, the following measures can be taken:

(1) apply for delayed retirement, continue to pay social security until the payment reaches 15 years, and then receive a monthly pension;

(2) Transforming social security into new rural social endowment insurance or urban residents' social endowment insurance;

(3) One-time payment of social security 15 years.

Has reached retirement age, and accumulated social security contributions are insufficient 15 years. There are three options:

1, continue to pay, pay 15 years, and receive the basic pension monthly.

2, the basic old-age insurance for employees into the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding old-age insurance benefits in accordance with the provisions of the State Council.

3. Individuals apply in writing to terminate the employee's basic old-age insurance relationship and receive a one-time personal account storage amount.

Who can pay social security at one time?

Employees of state-owned enterprises and institutions who retired before1.201can pay a one-time fee and receive retirement pension benefits;

2. 1962 and 1982, the educated youth groups who went to the countryside during the period failed to pay the local social security, and they can get retirement pension benefits through one-time payment;

3.20 1 1 to participate in local household registration social security or have insurance records before the age of 45 to meet the needs of men over 65 and women over 60.

I hope the above content can help you. If in doubt, please consult a professional lawyer.

Legal basis:

Article 16 of People's Republic of China (PRC) Social Insurance Law

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach 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.