Is the old-age social security cumulative or continuous?

The insured should plan the social security payment strategy reasonably according to their actual situation and needs.

First, the cumulative payment of social security for the aged.

Cumulative payment refers to whether the insured person pays continuously or not, and each payment period in his career will be accumulated. This calculation method is more favorable for people whose social security contributions are discontinuous for various reasons (such as changing jobs and temporary unemployment). As long as their total payment period meets the statutory requirements, they can enjoy the corresponding retirement benefits.

Second, the continuous payment of social security for the aged.

Continuous payment refers to the continuous payment of social security fees by the insured within a certain period of time. In some cases, such as the policy of purchasing houses and settling down in some areas, the insured may be required to provide proof of continuous payment of social security. In addition, continuous payment may have an impact on some specific social security benefits, but the specific provisions need to refer to local social security policies.

However, it should be noted that both cumulative payment and continuous payment need to reach the statutory minimum payment period in order to enjoy basic retirement benefits. The specific minimum payment period will vary according to different regions and policies.

To sum up:

Accumulation and continuous payment of social security for the aged are two different calculation methods, each with its own application scenarios and influences. The insured should plan the social security payment strategy reasonably according to their actual situation and needs. At the same time, we should also pay attention to local social security policies to ensure that our rights and interests are protected.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 16 stipulates:

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.