What should I do if I have paid less than 15 years of social security in Shanghai?

If you have reached the legal retirement age and have less than 15 years of accumulated social security contributions, you will not be able to receive a monthly pension after retirement according to the regulations. There are three ways to solve this problem:

1, delay retirement, continue to pay social security contributions until the full 15 years, and then you can receive a monthly pension;

2, social security will be transferred to the new rural social pension insurance or social pension insurance for urban residents;

3, a one-time retroactive contribution to the social security for 15 years.

Social security payment is not enough 15 years, such a situation does exist in the daily work, many workers to the statutory retirement age, but the cumulative number of years of contributions to the pension insurance is less than 15 years, in this case is not able to reach the statutory retirement age when applying for retirement, can only continue to pay to the minimum contribution period of 15 years, and then apply for retirement.

Expanded Information:

The Chinese People's **** and the State Social Insurance Law, Article 16 stipulates that: Participating in the basic old-age pension insurance individuals, to reach the statutory retirement age of the cumulative contributions of fifteen years, the monthly basic old-age pension. Individuals who have participated in basic old-age insurance and have accumulated less than fifteen years of contributions by the time they reach the legal retirement age may contribute until they reach the full fifteenth year and receive a basic pension on a monthly basis.

The extension of contributions for less than fifteen years when reaching the statutory retirement age is in accordance with Article 2 of the "Several Provisions on the Implementation of the Social Insurance Law of the People's Republic of China" (Decree No. 13 of the Ministry of Human Resources and Social Security of the People's Republic of China), which stipulates that: if an individual who participates in the basic pension insurance for employees reaches the statutory retirement age and has made less than fifteen years of cumulative contributions, he can extend his contributions to a full fifteen years. contributions until they reach the full fifteen years. Those who joined the insurance before the implementation of the Social Insurance Law and still have less than fifteen years of accumulated contributions after the extension of five years of contributions can make a one-time contribution until the full fifteen years.

Reference:

Baidu Encyclopedia - Social Insurance Law of the People's Republic of China