New regulations of Shandong social security payment

Legal analysis: (1) If the male is over 45 years old but under 60 years old, and the female is over 40 years old but under 55 years old, the one-time payment period shall not exceed 10 year, and the payment time shall not be earlier than the time when the basic old-age insurance is implemented in this city, and the payment time of individual industrial and commercial households shall not be earlier than the time when the industrial and commercial business license is obtained.

After overdue payment, continue to pay until men reach the age of 60 and women reach the age of 55. If the overdue payment and the actual payment period accumulate to 15, you can receive the basic pension according to the regulations. If the payment has reached 15, you can extend the payment to 15, and then receive the basic pension according to the regulations. The specific measures for deferred payment shall be implemented in accordance with the relevant provisions of the state and Shandong Province.

(2) Men who have reached the age of 60 and women who have reached the age of 55 can repay 15 years in a lump sum in their personal capacity, and go through the basic pension procedures according to regulations.

(III) When calculating the pension benefits, the number of months for calculating the personal account pension shall be implemented in accordance with the relevant provisions of the Decision of the State Council on Improving the Basic Old-age Insurance System for Enterprise Employees (Guo Fa [2005] No.38), and the number of months for calculating the personal account pension shall be uniformly determined by persons over 70 years old.

Legal basis: Article 72 of the Labor Law of People's Republic of China (PRC) determines the sources of social insurance funds according to the types of insurance, and gradually implements social overall planning. Employers and workers must participate in social insurance and pay social insurance premiums according to law.