Does the individual pay social security 50 to retire?

Individuals who pay social security don't have to retire at the age of 50, because the Social Insurance Law stipulates that only women who have reached the age of 50 and have worked continuously for 10 years can receive the basic pension on a monthly basis and go through retirement procedures when the accumulated personal pension insurance contributions for participating in the basic old-age insurance reach 15 years.

Individuals who pay social security do not necessarily retire at the age of 50. Female employees who have reached the age of 50, participated in the basic old-age insurance for 10 years, and paid the accumulated old-age insurance for 15 years can receive the basic pension on a monthly basis and go through retirement procedures, but male employees usually need to reach the age of 60.

The materials required for social security payment are as follows:

1, personal social security, personal social security can only participate in old-age insurance and medical insurance, and you need to bring your valid ID card, unemployment certificate and two 1 inch photos to the local social security center;

2. The enterprise shall pay social security for the employees, and provide the original and photocopy of the enterprise business license, the original and photocopy of the organization code certificate, the photocopy of the ID card of the insured employee, the payroll of the insured employee and the official seal.

I hope the above content can help you. Please consult a professional lawyer if you have any other questions.

Legal basis: Article 16 of the Social Insurance Law.

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.