Pay less social security money, will the treatment after retirement have an impact?

The policy of delaying retirement has not yet been introduced, so now our retirement age is 60 for men, 50 for women workers and 55 for women cadres. What should I do if I find that my social security has not been paid 15 years at retirement age? The main impact is the endowment insurance, which can continue to be paid to 15. Next, Bian Xiao will introduce you one by one.

The legal retirement age is 60 for men, 50 for women and 55 for female cadres. Only those who are confirmed to be engaged in special types of work and completely incapacitated can apply for early retirement.

1. Paragraph 2 of Article 16 of the Social Insurance Law stipulates that individuals who participate in the basic old-age insurance can receive the basic old-age pension on a monthly basis when they reach the statutory retirement age and pay 15 years; 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. According to this regulation, workers can choose to continue to pay or transfer social security.

2. Article 2 of "Several Provisions on Implementing the Social Insurance Law of People's Republic of China (PRC)" stipulates that when individuals participating in the basic old-age insurance for employees reach the statutory retirement age, if the accumulated payment is less than 15 years, the payment can be extended to 15 years. If you are insured before the implementation of the Social Insurance Law, and the payment is still less than 15 years after 5 years of deferred payment, you can pay it to 15 years in one lump sum. Article 3 stipulates that if an individual who participates in the basic old-age insurance for employees reaches the statutory retirement age, and the accumulated payment is less than 15 years (including the extension of payment according to Article 2), and has not been transferred to the new rural social endowment insurance or urban residents' social endowment insurance, the individual may apply in writing to terminate the basic old-age insurance relationship for employees. After receiving the application, the social insurance agency shall inform it in writing of its right to transfer to the new rural social endowment insurance or urban residents' social endowment insurance and the consequences of terminating the basic endowment insurance relationship for employees. After my written confirmation, I will terminate the employee's basic old-age insurance relationship and pay me the amount stored in my personal account in one lump sum.

According to the above-mentioned laws and regulations, employees who have participated in the basic old-age insurance for employees have three choices if they reach the statutory retirement age and the accumulated payment is less than 15 years:

Option 1: Continue to pay 15 years, and receive the basic pension monthly.

The second scheme: the basic old-age insurance for employees is transferred to the new rural social old-age insurance or urban social old-age insurance. Article 6 of the Interim Measures for the Connection of Urban and Rural Endowment Insurance Systems (Ministry of Human Resources and Social Security Fa [20 14] 17) stipulates that if the insured person transfers from urban employee pension insurance to urban and rural employee pension insurance, the amount stored in the individual account of urban employee pension insurance will be fully incorporated into the individual account of urban and rural employee pension insurance, and the payment period of participating in urban employee pension insurance will be calculated as the payment period of urban and rural employee pension insurance.

The third scheme: the individual applies in writing to terminate the employee's basic old-age insurance relationship and receive the personal account storage amount at one time.