Can I retire after paying social security for 20 years?

The social security payment period is only one of the retirement conditions, and other requirements need to be met, such as reaching the statutory retirement age.

First, the relationship between social security payment period and retirement

The social security payment period is an important index to evaluate the contribution to the social security system in one's career. Generally speaking, the longer the payment period, the higher the benefits that individuals can enjoy when they retire. However, it is not enough to decide whether a person can apply for retirement only by relying on the number of years of social security payment.

Second, the consideration of the legal retirement age.

In addition to the social security payment period, the legal retirement age is another key factor. According to China's social security policy, individuals need to reach the legal retirement age before they can formally go through retirement procedures. The legal retirement age varies with different occupations and different policy adjustments, and needs to be judged according to specific circumstances.

Third, retirement applications under special circumstances.

Under some special circumstances, such as individuals unable to continue working due to health problems, or workers engaged in special occupations (such as high-risk occupations), there may be special retirement policies. Under these circumstances, even if the social security payment period is not full, you can apply for early retirement according to relevant policies.

Four, the relationship between retirement benefits and payment period

Retirement benefits are usually closely related to the individual's social security payment years. The longer the payment period, the higher the pension or other welfare benefits that an individual can receive when he retires. Therefore, when planning career and retirement plans, the social security payment period is an important consideration.

To sum up:

Whether you can retire after 20 years of social security payment needs to be comprehensively judged according to the specific social security policy, legal retirement age and personal work situation. Under the premise of meeting the statutory retirement age and other relevant conditions, individuals can apply for retirement to their units or social security departments according to their own conditions. At the same time, the length of social security payment period will also affect the level of treatment that individuals can enjoy when they retire.

Legal basis:

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

Article 16 stipulates:

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.