Is it now necessary to pay 15 years of continuous social security?

Social security does not need to pay continuously for 15 years, the current policy is to pay a total of 15 years before retirement can enjoy pension insurance.

Article 16 of the Social Insurance Law: Individuals who have participated in basic old-age insurance and have paid contributions for a total of 15 years by the time they reach the legal retirement age will receive a basic pension on a monthly basis.

The law requires a "cumulative" number of years of contributions, and does not emphasize "continuous", so social security contributions can be interrupted in the middle, which has no effect on the calculation of the cumulative contributions, so do not have to be entangled.

Pension insurance benefits are approved according to the continuous contribution time, there is an interruption of contributions, the interruption of contribution time should be deducted, from the time of joining the work or the first time to pay contributions, according to the cumulative contribution time to calculate the time of termination, and according to the termination of the year of the flat wage as the basis for calculating pensions.

Expanded Information

1. Security. Guarantee is the fundamental purpose of the implementation of social insurance, which is to protect the basic livelihood of workers after they lose their ability to work, thus maintaining social stability.

2. Statutory. Statutory is the national legislation, mandatory implementation. The enjoyment of insurance treatment and their units, both must participate in accordance with the provisions of the social insurance fund and pay according to law, can not be voluntary.

3. Mutuality.'' Mutuality means that social insurance is organized in accordance with the principle of social *** sharing risk. Social insurance premiums are borne by the state, enterprises and individuals, and a social insurance fund is established.

4. Welfare. Social insurance is not for profit, it is the least cost, to solve the biggest social security problems, belongs to the nature of social welfare.

5, universality. Social insurance is widely implemented, generally in all employees and their immediate family members for the elderly.

Baidu Encyclopedia: Social Security