Should I continue to pay social security after 15?

/kloc-Whether you need to pay social security after 0/5 years is decided according to your own wishes. The minimum period of general social security payment is fifteen years. As long as you have paid for 15 years, you can receive a monthly retirement fee when you retire, which has a legal basis.

1. 15 years later, do I still need to pay social security?

/kloc-Whether it is necessary to continue the payment after 0/5 years depends on the situation. If it is your own personal endowment insurance, you can continue to pay or stop paying. However, according to Article 10 of the Social Insurance Law; "Employees should participate in the basic old-age insurance, and employers and employees should jointly pay the basic old-age insurance premium." If it is an employee of the unit, the insurance shall be paid by both the unit and the employee. Paying social security is a legal obligation, so it needs to continue to pay until employees retire.

According to Article 16 of the Social Insurance Law: "Individuals who have participated in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid for fifteen years at the statutory retirement age." 15 is only the minimum number of years to pay endowment insurance. If the old-age insurance payment is less than 15, you can't receive the pension, and if the minimum payment is 15, you can enjoy the pension treatment.

2./kloc-which is better to continue to pay or not to pay after 0/5 years?

/kloc-Payment after 0/5 years can increase the pension amount. According to the pension calculation formula: pension = personal account pension basic pension.

1, personal account pension = personal account storage amount ÷ months.

After the old-age insurance 15, it will continue to be paid, personal account deposits will increase, personal account pensions will also increase, and more pensions will be received after retirement.

2, the basic pension = (the province's last year's average monthly salary of employees I indexed the average monthly salary) ÷2× payment period × 1%

From the formula, the higher the payment period, the higher the basic pension. The purpose of continuing to pay old-age insurance after 15 is to increase the payment period and make the pension received after retirement higher.

3. What are the conditions for individuals to purchase social security?

Personal social security card processing conditions:

1. Approval conditions:

(1) Local registered personnel (female: 50 years old, male: 60 years old) who have not reached the statutory retirement age;

(2) Persons who have gone through the formalities for the renewal of endowment insurance;

(3) if the insured person has received the basic old-age insurance benefits in our city on a monthly basis, he can go through the formalities of paying social medical insurance in full on a monthly basis;

(4) Accepted on1-24th every month.

(5) Information to be submitted for registration: my permanent residence in the town; Resident identity card; Proof of employment; One-inch red background registration photo 1 piece;

(6) If an individual wants to apply for social security and can only participate in pension and medical care, the local household registration shall be directly handled by the local social security bureau; Not a long-term resident who needs to open relevant certificates for local accounts.

2, do not handle the situation:

(1) has reached the statutory retirement age and met the conditions for receiving basic old-age insurance benefits on a monthly basis;

(2) Insured persons who do not meet the conditions for continuing to pay endowment insurance premiums;

(3) Insured persons who are not registered in this Municipality agree to receive pension insurance when they reach the statutory retirement age after July 2006.

To sum up, the minimum payment period of social security is fifteen years. You can choose to stop paying social security after 15 years, but you can also choose to continue to pay, provided that you usually pay the most years before retirement, and then you will receive higher pension expenses, so it depends on your personal choice when dealing with it.

legal ground

According to Article 16 of the Social Insurance Law: "Individuals who have participated in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid for fifteen years at the statutory retirement age." 15 is only the minimum number of years to pay endowment insurance. If the old-age insurance payment is less than 15, you can't receive the pension, and if the minimum payment is 15, you can enjoy the pension treatment.