How many months does it take to retire at the age of 50 and pay social security? Can I retire in Shanghai?

When individuals who participate in the basic old-age insurance for employees reach the statutory retirement age, if the accumulated payment is less than fifteen years, the payment may be extended to fifteen years. After the implementation of the Social Insurance Law, if the payment is extended for five years but still less than fifteen years, it can be paid in one lump sum for fifteen years. When you reach retirement age, you can get a pension every month. Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can also be transferred to the new rural social old-age insurance or urban residents' social old-age insurance and enjoy the corresponding old-age insurance benefits in accordance with the provisions of the State Council.

Legal objectivity:

Article 4 of the Social Insurance Law Employers and individuals in People's Republic of China (PRC) have the right to inquire about payment records and personal rights and interests records, and require social insurance agencies to provide social insurance consultation and other related services. Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.