Can Chongqing social security be paid in one lump sum?

Chongqing social security can be paid in one lump sum.

Chongqing social security can be paid in one lump sum, but only two types of people can apply for one-time payment:

Persons who have been insured on or before June 30th, 20 1 2012008, and who have reached the age of 60 for men and 55 for women, and whose payment period is less than 15, can pay in one lump sum until they reach the age of 15, and go through retirement procedures. The basic pension is paid monthly from 20 1 1 to July 1.

2.20 1 1 The insured who went through the insurance formalities on or before June 30th, 1 year, reached the statutory retirement age on or after July 30th,1year, and the payment period was less than 15 years, the payment can be extended to 15 years. If the deferred payment is still less than 15 years after 5 years, it can be paid in one lump sum until the expiration of 15 years, and the basic pension will be paid from the month after the payment is completed.

Social security payment method:

1, pay annually, and pay social security fees year by year according to the payment base and proportion of normal employees, until the specified number of years is reached;

2, a one-time payment, in line with the conditions, can be a one-time payment of insufficient social security fees, make up the prescribed period;

3. Adjustment of payment base. According to local policies, some areas are allowed to adjust the payment base during the payment period to reduce the payment fee;

4. Entrust a third-party institution to remit and pay, and go through the formalities of paying back through professional social security institutions to simplify the process;

5. Flexible employees pay fees. For flexible employees, they can pay fees according to the payment standards of flexible employees.

To sum up, Chongqing social security can be paid in one lump sum, but only for two groups of people who meet certain conditions. One-time payment can enable the insured with insufficient payment years to qualify for pension by making up for the lack of expenses when they reach the statutory retirement age. At the same time, the specific payment methods are different from place to place, and it is necessary to understand the local social security policies.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 16

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.