How many years can the pension be repaid?

The insured must have two conditions to receive the basic pension, one is to reach the national statutory retirement age, and the other is to reach the cumulative payment period of 15. If you don't reach the legal retirement age, you won't get the pension after only paying 15 years, but you can still pay the old-age insurance premium on schedule until you reach the retirement age. Endowment insurance is based on the principle of giving consideration to fairness and benefit, and equality of rights and obligations, and encourages overpayment and long-term payment. If the accumulated payment at retirement is 15 years, the proportion of the basic pension is 15%, and on this basis, the additional payment will be 1 percentage point every year, and the overpayment will not be capped. (1) When an enterprise applies for insurance for the first time, it must bring copies of business license, organization code certificate, local tax registration certificate, legal person ID card, basic bank account number and account opening permit 1 copy. , fill in the employer's social insurance registration form (in quadruplicate) and go through the formalities of insurance registration at the social security center. At the same time, fill in the roster of insured persons (name, ID number, contact number, month of insurance) and report it to the collection department of social security center. After being audited by the social security center, you can declare and pay the basic old-age insurance premium to the local tax department where the enterprise is located before the next month 10. (2) When urban individual industrial and commercial households (freelancers) participate in insurance, they must bring their business license (freelancers carry a copy of their household registration book), 2 copies of their ID cards and 3 one-inch photos, go through the insurance formalities at the social security center, and establish a social insurance relationship (the floating population must carry the certificate that the local social security department has not participated in insurance for the first time). (3) Unemployed employees of the enterprise must bring the endowment insurance handbook, the Notice on the Calculation of the Renewal of Endowment Insurance Premium and the Period of Continued Payment issued by the enterprise, and the documents on the dissolution of the labor contract to the social security center for renewal.

Legal objectivity:

Article 12 of the full text of the Social Insurance Law of People's Republic of China (PRC), the employing unit shall pay the basic old-age insurance premium in proportion to the total wages of its employees as stipulated by the state, and record it in the basic old-age insurance pooling fund. Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.