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What if social security is not paid in full at retirement age?

I. Endowment insurance for urban workers

In July, 20 1 1, the state promulgated and implemented the Social Insurance Law of People's Republic of China (PRC), which is a demarcation point.

Case 1: After the implementation of "Social Insurance Law", the insured person can't meet the requirements of payment period at retirement age. Please continue to pay until the conditions are met, and then receive the basic pension.

Case 2: Before the implementation of the Social Insurance Law, the insured person paid the fee, and after the implementation, he reached the statutory retirement age, but the payment period was not full, and he continued to pay it year by year. However, after paying for 5 years, you are still not satisfied. You can have sex for 15 years at a time, and then go through retirement procedures and receive benefits.

Two. Endowment insurance for urban and rural residents

Case 1: Those who have reached the age of 60 when the new rural insurance or urban residence insurance system is implemented and have not received the basic old-age security benefits stipulated by the state can receive the basic old-age pension for urban residence insurance on a monthly basis without paying fees.

Example: The system was implemented in place A from 2065438 to 2004. At that time, Uncle Jia, who was 62 years old, could receive the basic pension for urban residential insurance directly on a monthly basis without paying.

Case 2: When the system is implemented, those who are under the age of 15 years will be paid year by year, and supplementary payment is allowed, and the accumulated payment will not exceed 15 years.

For example, when the 20 14 system was implemented, Sister Lu, 55, had to pay for five years continuously until she was 60 years old, before she could receive a monthly urban residence insurance pension.

Situation 3: When the system is implemented, those who are older than the specified age 15 shall pay the pension annually, and the payment period shall not be less than 15 years.

For example, when the system is implemented, Sister Liu, 40, has to pay an annual fee. After the cumulative payment reaches 15 years, she can receive the urban residence insurance pension on a monthly basis when she reaches the age of receiving.