One-time payment policy for endowment insurance 2022

Legal analysis: the condition of one-time payment of social security and endowment insurance is that the payment period should not be too bad. If you reach retirement age but the social security has not been paid for 15 years, you can choose to postpone the payment or switch to the new rural cooperative medical system. The third safest way is to pay the insufficient social security fee at one time. 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. The legal retirement age in China is 60 for men and 50 for women. After the implementation of the new policy, people who can pay the old-age insurance are:

Under the condition of 1.: flexible employees and freelancers who have paid less than 15 years have stopped paying fees, but have not reached the statutory retirement age;

2. Failure to participate in insurance in time: those who have a fixed contract and fail to participate in insurance in time can pay back the old-age insurance;

3. Interrupt payment: Those who interrupt payment or are expelled from the unit can pay the old-age insurance.

Legal basis: Article 16 of the Social Insurance Law of People's Republic of China (PRC). 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 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.