How many years does it take to buy social security?

For the basic old-age insurance, you need to pay at least 15 years to receive the basic pension on a monthly basis; If you have medical insurance, you generally need to pay a certain number of years to enjoy medical reimbursement.

First, the basic old-age insurance payment period

The basic old-age insurance is the core part of the social security system, which aims to provide basic living security for retirees. According to the regulations, individuals who participate in the basic old-age insurance can receive the basic old-age pension on a monthly basis when they reach the statutory retirement age and pay 15 years. This means that if you want to receive a monthly pension after retirement, you need to pay at least 15 years of social security.

However, it is worth noting that 15 is only the minimum payment period. In practice, the longer the payment period, the higher the payment amount, and the pension benefits received in the future will also increase accordingly. Therefore, it is suggested that individuals extend the payment period and increase the payment amount as much as possible, so as to obtain better living security after retirement.

Second, the payment period of medical insurance

In addition to the basic old-age insurance, medical insurance is also an indispensable part of the social security system. The payment period of medical insurance may be different in different regions and different policies. Generally speaking, most areas need to pay for a certain number of years (such as 6 months or 1 year) to enjoy medical reimbursement. This means that if an individual is interrupted during the payment period, his right to medical reimbursement may be affected.

In addition, with the continuous improvement of the medical insurance system, some areas have also introduced a lifelong medical insurance system. This means that individuals can continue to enjoy medical insurance benefits after retirement without paying premiums under the conditions of meeting a certain payment period and payment amount. However, the specific payment period and conditions will vary according to different regions and policies.

To sum up:

How many years do you need to buy social security? It depends on the specific social security types and personal needs. For the basic old-age insurance, you need to pay at least 15 years to receive the basic pension on a monthly basis; If you have medical insurance, you generally need to pay a certain number of years to enjoy medical reimbursement. However, this is only a minimum standard. Individuals should try their best to extend the payment period and increase the payment amount when they have the ability to get a better life guarantee after retirement.

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.

Article 27 provides that:

Individuals who participate in the basic medical insurance for employees will not pay the basic medical insurance premium after retirement and enjoy the basic medical insurance benefits in accordance with the provisions of the state if they reach the statutory retirement age and the accumulated payment has reached the fixed number of years stipulated by the state; Those who have not reached the fixed number of years prescribed by the state may pay the fees to the fixed number of years prescribed by the state.