What should I do if my social security is below 15 when I reach retirement age?

Those who have reached retirement age and paid social security for 10 years can continue to pay social security on this basis until they pay 15 years. However, this kind of payment is generally paid for one year at a time, and there is no part shared by enterprises.

2. One-time payment

Urban residents' old-age insurance rural residents can pay in one lump sum, while urban workers' old-age insurance does not support one-time payment temporarily. You still need to meet certain conditions to make up for it.

3. Delayed retirement

The statutory retirement condition of the insured is to reach the minimum social security payment period and the statutory retirement age. The minimum social security payment is 15 years, and the legal retirement age is 60 for male employees and 50 or 55 for female employees. If they meet the conditions for early retirement, the retirement age can be relaxed. For example, those who have worked in special jobs can apply for retirement five years in advance.

However, if the social security has not been paid for 15 years at the time of retirement, please pay attention to the first solution: if the 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, the payment can be extended to 15 years. If it is insured before the implementation of the social security law, it can be paid back to 15 years after 5 years of payment.

This solution is the most common one at present. Compared with normal retirement, reaching the legal retirement age and continuing to pay to 15 is the same as the delayed retirement that the country is about to implement at present. However, many people don't like to postpone retirement. Therefore, before reaching the legal retirement age in 2022, we must calculate our social security contributions to ensure that we can go through retirement procedures in time and receive pensions on time. If we fail to pay social security 15 years for personal reasons, we can't blame others, only that individuals don't care about their own pension problems.

4. Change to endowment insurance for urban and rural residents.

When the employees who participate in employee social security reach the legal retirement age and the social security contribution is insufficient 15 years, they can transfer the employee social security to the basic old-age insurance for urban and rural residents where their household registration is located and enjoy the corresponding old-age benefits.

What needs to be explained here is that the number of people participating in the basic old-age insurance in China has exceeded 654.38+0 billion, but not all of them are employee social security, and a considerable part of them are basic old-age insurance for urban and rural residents, and the number of the latter is even more than employee social security.

It is a very effective way to transfer employee social security to urban and rural residents' insurance, which can be paid to 15 in one lump sum. Although the pension obtained is not as much as the employee's social security, it can guarantee to retire on time at the age of 60 and receive a pension. However, because the latter's pension is a little less, only about one tenth of the former's, before the insured person transfers to social security, the advantages and disadvantages of social security transfer must be clearly defined in advance to avoid losses. It is suggested that the insured make a balanced calculation, whether it is cost-effective to delay retirement or social security transfer. Individuals should still be responsible for their own affairs and should not make blind decisions.

Choose to give up

If you give up social security, you can get back the balance of the paid pension personal insurance account. But in this way, the company will not refund part of the money, and will not be able to enjoy various pensions.

legal ground

Chapter I of the State Council's Decision on Amending Some Administrative Regulations

Article 1 These Regulations are formulated in order to strengthen and standardize the collection and payment of social insurance premiums and ensure the payment of social insurance premiums.

Article 2 These Regulations shall apply to the collection and payment of basic old-age insurance premiums, basic medical insurance premiums and unemployment insurance premiums (hereinafter referred to as social insurance premiums).

The units and payers mentioned in these Regulations refer to the units and individuals that should pay social insurance premiums in accordance with relevant laws, administrative regulations and the provisions of the State Council.

Article 3 The collection scope of basic old-age insurance premiums: state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises and their employees, and institutions and their employees that implement enterprise management.

The collection scope of basic medical insurance premium: state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises and their employees, state organs and their employees, institutions and their employees, private non-enterprise units and their employees, social organizations and their full-time employees.

The collection scope of unemployment insurance premium: state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises and their employees, institutions and their employees.