I've been paying social security for 15 years, do I need to go to the social security office to stop paying? What do I need to pay attention to in the process?

Yes, you do. These are some of the things you need to be aware of.

Many flexible workers participate in Social Security by paying their own contributions. If they don't want to participate anymore, they can usually stop their insurance in two ways: one is to not have to keep paying, take the money out of their bank card, and they'll be automatically disenrolled over time.

The other way is to go through the procedure of stopping the insurance, usually to go to the social security agency and the bank for the procedure is usually the person with the ID card can be.

In order to facilitate the clerk, most places are implemented once done. Generally do not take the ID card or not in person to go will be more difficult, after all, withholding social insurance premiums related to the personal interests of each person, the bank and the social security department generally do not dare to casually give the suspension of insurance. The first thing you need to do is to get a good deal of money to pay for the services you need.

First, the pension is low.

Pension insurance is not enough for 15 years of contributions. Pension contributions are a combination of mandatory and flexible, compulsory for corporate workers and optional for the flexibly employed.

The basic principle of pension insurance is that the more you pay, the more you get. In other words, the higher the contribution base and the longer the contribution period, the higher the pension benefits will be. Most of the flexibly employed people choose to pay the minimum contribution base for 15 years, the pension benefits according to the current level, can only get 800 to 1,000 yuan per month.

This level is generally only slightly higher than the low income line around the world, which can only meet the basic needs of life, but not a better standard of living. Many flexible workers make the calculation that they will receive a pension while continuing to work.

If we can receive a pension of three to four thousand dollars a month, which is honestly about the same as a lot of people's on-the-job salary, then we can really enjoy our old age after retirement.

Second, saving for retirement is not cost-effective.

In fact, for the time being, saving for a pension is still one of the most cost-effective ways to manage your finances. The formula for calculating pensions is a nationally standardized and clearly announced with the average social wage, which tends to grow at about 10 percent, while the wages of the average working person do not grow fast enough to keep up. And the bookkeeping interest rate for individual accounts has been reaching 7 to 8 percent in recent years, far higher than the bank's financial returns.

After retirement, the state will make annual adjustments to pensions based on social wage price growth and other factors to ensure the purchasing power of pension insurance.

There is not only the possibility of depreciation of excessive savings, and even some elderly people are more anxious because of currency depreciation, there is a risk of being deceived. If one's pension costs are fixed pension, even if they are cheated to death, the next month will still have a fixed cost of living. Thirdly, the number of years of health insurance contributions is insufficient.

In fact, social security includes both pension insurance and medical insurance. Employee medical insurance is also required to contribute to a certain number of years before retirement, and after reaching the legal retirement age, you can continue to enjoy basic medical insurance benefits without having to pay, which is a very cost-effective treatment.

The number of years of medical insurance contributions and the number of years of pension contributions are different in many places because our current level of medical insurance coordination is still relatively low and limited to each prefecture-level city. The social security departments at each prefecture level are trying to ensure a balance of income and expenditure, so they have formulated different policies on various benefits, especially the number of years of contribution.

Currently, the only places that require only 15 years of retirement health insurance contributions are probably Guangzhou and Shanghai. Hangzhou is at 20 years, and Shenzhen is at 20 years this year, and will extend it by one year each year thereafter, to 25 years by 2024.

Some regions also have different contribution periods for men and women, such as Beijing, Tianjin and Qingdao, where it is 20 years for lesbians and 25 years for men. In Chongqing and Nanchang, it is 25 years for female comrades and 30 years for male comrades.

If the contribution is not enough for the corresponding years, when you reach the retirement age, you will make up the contribution base of the year of retirement or continue to contribute, which is a heavy burden and not cost-effective. And the time to make up the contributions and can not enjoy the health insurance treatment.

So, it is generally recommended that you must at least pay your medical insurance premiums for as many years as you can, and the longer you pay your pension premiums, the better.