To the retirement age do not have the money to pay all the money owed by the social security late to do the retirement formalities can?

According to the "implementation of the Chinese people's *** and the State Social Insurance Law" a number of provisions of Article 2 to participate in the basic pension insurance for employees when the individual reaches the statutory retirement age, the cumulative contributions of less than fifteen years, you can extend the contributions to the full fifteen years. Those who participated in the insurance before the implementation of the Social Insurance Law and still have less than fifteen years of accumulated contributions after five years of extended contributions can make a one-time contribution until they reach the full fifteen years. You can retire late, but then your rights and interests will be lost.