What is the minimum social security period?

According to the relevant laws and regulations, individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis when they reach the statutory retirement age and have paid 15 years. What needs to be explained here is that the minimum payment period is 15 years, which does not mean that you can not pay it after 15 years. For employees, payment is a mandatory obligation stipulated by law. As long as you are employed in an employer, you should pay in accordance with state regulations. At the same time, because the basic pension enjoyed by individuals is related to the individual payment period, the longer the payment period and the larger the payment base, the more pensions will be received after retirement.

However, there may be great changes in China's social security, such as national overall planning, delayed retirement, occupational annuity and enterprise annuity. No matter how they change, the principle will not change. Pay more, pay more in the long run. Therefore, in order to support the elderly, if possible, pay more for a few years, and a high base is better.

Legal basis:

Social insurance law

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 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.