Job Recruitment Website - Social security inquiry - What should I do if I retire after only paying social security for two years?

What should I do if I retire after only paying social security for two years?

Legal analysis: I guess not. When reaching the statutory retirement age, if the payment period of endowment insurance is less than 15 years, the payment time can be extended. However, the extension of the payment period cannot exceed five years. The state introduced this policy to avoid the phenomenon that workers do not participate in insurance when they are young and wait until they are near retirement age. If you reach the legal retirement age and the payment is less than 15 years, you can clear your personal account and terminate the social security relationship.

Legal basis: Article 12 of the full text of the Social Insurance Law of People's Republic of China (PRC), the employer shall pay the basic old-age insurance premium in proportion to the total wages of its employees as stipulated by the state and record it in the basic old-age insurance pooling fund. Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.