Job Recruitment Website - Social security inquiry - The first thing I want to share with you is that it's okay to pay for 15 years of social security and not to wait for retirement.
The first thing I want to share with you is that it's okay to pay for 15 years of social security and not to wait for retirement.
There are two conditions that must be met in order to be eligible for pension benefits:
1, you must reach the legal retirement age.
2, the accumulated minimum contribution of fifteen years.
But we have to pay attention to the social security only pay 15 years of bad reflection:
1, the amount of money in the pension will become less. The core of the pension is to pay more to get more, pay 15 years to receive the money is half less than pay 30 years.
2, the pension will be less money each year. Pensions are adjusted every year, the gap between how much you contribute will naturally widen.
In summary, to enjoy the pension insurance benefits must meet the legal retirement age and the accumulated minimum contribution of fifteen years two conditions. Pension benefits for only 15 years of contributions may be less desirable because the amount of pension will be less and the annual increase will be smaller. Therefore, it is recommended to pay as many pension insurance contributions as possible in order to obtain better pension benefits and protection. At the same time, the government and enterprises should also formulate a more comprehensive pension insurance system and policies to protect the basic needs of the elderly.
Legal basis:
The Social Insurance Law of the People's Republic of China
Article 16
Individuals who have participated in basic old-age pension insurance and have made contributions for a cumulative total of fifteen years by the time they have reached the legal retirement age shall receive a basic pension on a monthly basis.
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