I bought social security for five years. What should I do when I reach retirement age?

Legal analysis: when workers reach the legal retirement age, they only pay for 5 years, which can be handled according to the following methods:

1.July 1 1 day Those who participated in the basic old-age insurance before the implementation of social insurance can make up 15 in one lump sum, go through the retirement formalities and receive the basic pension on a monthly basis.

Second, the basic old-age insurance after the implementation of "social insurance" on July/July/July/July/July/July/July/July/July/July/July/July/July/July/July/July/July/July/July/July/July/July/July/July/July/July/July/July/July/July/July/July/July/July/July/July/July/July/July/

1, you can pay in one lump sum for 5 years, and then continue to pay annually until 15 retires and receives the basic pension on a monthly basis;

2. Transfer to the old-age insurance for urban and rural residents to receive basic pensions;

3. Apply to terminate the pension insurance relationship and store the personal account at one time.

Legal basis: Article 16 of the Social Insurance Law of People's Republic of China (PRC) stipulates that individuals who have participated in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have accumulated contributions for 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.