What should foreigners do when they buy social security in Guangzhou and reach retirement age, but they don't buy enough?

It is necessary to extend the payment time and reach the minimum payment period to receive the basic pension on a monthly basis.

1. If the basic old-age insurance relationship is not located at the domicile, but the cumulative payment period in the locality of the basic old-age insurance relationship exceeds 10 years, the local treatment collection procedures shall be handled and the local basic old-age insurance benefits shall be enjoyed.

2. If the basic old-age insurance relationship is not located at the domicile, and the accumulated payment period in the locality of the basic old-age insurance relationship is less than 10 years, the basic old-age insurance relationship will be transferred back to the original insured place with the payment period of 10 years and enjoy the treatment.

3. If the basic old-age insurance relationship is not located in the domicile, and the accumulated payment period in each insured place is less than 10 years, the basic old-age insurance relationship and corresponding funds shall be collected in the domicile, and the domicile shall go through the formalities for receiving the benefits according to the regulations and enjoy the basic old-age insurance benefits.

Extended data

Materials to be provided for applying for social security transfer

1. The entrusted agent must also provide the power of attorney issued by the principal (the power of attorney must have the signature and fingerprint of the principal), and the original and copy of the agent's ID card 1.

2. Show the original Shenzhen ID card and submit 1 copy (if it is a second-generation citizen ID card, it must be copied on both sides).

3. Submit the social insurance certificate of Shenzhen employees or Shenzhen labor security card or social security card.

4. Letter of acceptance from the social security institution in the transferring place (the letter of acceptance must indicate the account name, full name of the bank and account number of the social security institution in the transferring place).

5. 1 employee individual payment list (print the payment records of employees from the first month to the last month, which can be printed in the district social security management office or the business center of the personal service center).

6. Provide the completed Application Form for the Transfer of Social Insurance Fund for Employees with Enterprise Household Registration in Shenzhen or the transfer guarantee certificate issued by the original work unit (both the application form and the unit certificate shall be stamped with the official seal of the unit or the special seal for personnel).

People's Network-Illustrates the conditions for Guangzhou's over-age insured to continue to pay.

Baidu Encyclopedia-Interim Measures for the Transfer and Continuation of Basic Endowment Insurance for Employees in Urban Enterprises