Can I still pay social security after retirement?

1. Can I still pay social security after retirement?

1. After employees reach retirement age, the enterprise will no longer insure workers. Retirement can only be handled through deferred payment or transfer back to the place where the household registration is located. You can also pay old-age insurance after retirement. After retirement, if the payment period of old-age insurance does not reach 15 years, the party concerned may pay the pension in one lump sum to 15 years.

2. Legal basis: Article 16 of People's Republic of China (PRC) Social Insurance Law.

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.

Second, how to calculate retirement wages

1, personal account pension. Personal account pension is equal to the amount stored in personal account divided by the number of months. Generally speaking, the number of months is mainly determined according to the retirement age and the average life expectancy of the population at that time, that is, the number of months is equal to the average life expectancy of the population MINUS the retirement age multiplied by12;

2. Basic pension. The basic pension is equal to the sum of the average monthly salary of employees in the province in the previous year plus my indexed monthly payment salary divided by 2 times the payment period multiplied by 1%.