Fifteen years after social security

No need. After paying social security for fifteen years, you may not be able to receive a pension, but you need to reach the legal retirement age to receive a monthly pension. Those who have reached the statutory retirement age and paid the old-age insurance for 15 years can receive a monthly pension, and the amount received is the sum of the basic pension and the personal account pension. The specific amount depends on the payment base, payment period, local average salary, personal account amount and other factors.

It is suggested to continue to pay social security after 15 years, because the old-age insurance follows the incentive and restraint system of "pay more, pay more for a long time", and the payment period and personal account amount are directly related to the future pension benefits. The higher the payment level, the longer the payment time and the higher the pension after retirement. Therefore, it is recommended to continue to pay social security to make your retirement life more adequate. In addition, social security includes not only endowment insurance, but also medical insurance. After the medical insurance payment reaches the minimum payment period, the basic medical insurance premium will not be paid after retirement, and the basic medical insurance benefits will be enjoyed in accordance with state regulations. At present, the minimum payment period of medical insurance in most areas is higher than 15 years. Recently, the minimum payment period of employee medical insurance has been gradually increased, with men paying 30 years and women paying 25 years.

In the monthly pension, the calculation method of basic pension is: the average monthly salary of employees in the whole province in the previous year multiplied by the wage index, plus my indexed monthly payment salary, the sum of the two is divided by two, and finally multiplied by the payment period 100. The end result is to receive a basic pension every month. The monthly personal account pension is equal to the amount stored in the personal account divided by the number of months in which the pension is expected to be issued. The estimated number of months of pension payment is calculated by the state according to the life expectancy of personnel. At present, the number of male employees is 170 months and the number of female employees is 2 16 months.

Legal basis:

People's Republic of China (PRC) social insurance law

Fifteenth basic pension consists of overall pension and individual account pension.

The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.

Article 16 Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of 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 receive the basic pension on a monthly basis until they pay for fifteen years; 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.