After paying social security for 8 years, what should I do when I reach retirement age?

When the social security is less than 15, the retirement age is treated as follows:

1. If the accumulated payment is less than fifteen years, you can choose to continue to pay for fifteen years and receive the basic pension on a monthly basis;

2 can be transferred to the new rural social endowment insurance or urban social endowment insurance, enjoy the corresponding pension insurance benefits;

3. If the payment is still less than fifteen years after five years' delay, it can be paid in one lump sum to fifteen years;

Retirement age is 4.60 years old, and the social security payment difference is 7 years, 15 years, and you continue to pay for 7 years. When you are 67, you will apply for a pension. Social security can be paid for up to 5 years, and can be paid in one lump sum to 15 years.

Basic social security information:

1. Social security composition: including endowment insurance, medical insurance, work injury insurance, unemployment insurance and maternity insurance;

2. Payment period requirements: Endowment insurance usually requires at least 15 years;

3. Payment regulations: some areas are allowed to pay social security under certain conditions to meet the minimum age requirements;

4. Retirement conditions: generally including reaching the statutory retirement age and reaching the minimum payment period;

5. Calculation of benefits: The calculation of pension is usually related to the payment period and payment base.

To sum up, for individuals who have reached retirement age but have less than 15 years of social security payment, they can choose to continue to pay until they meet the requirements, transfer to other types of social endowment insurance, extend the payment period or pay in one lump sum to ensure that they receive basic pensions on a monthly basis, and the maximum payment period is 5 years, so as to ensure that they can apply for pensions after reaching the age requirement.

Legal basis:

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

Article 27

Individuals who participate in the basic medical insurance for employees will not pay the basic medical insurance premium after retirement and enjoy the basic medical insurance benefits in accordance with the provisions of the state if they reach the statutory retirement age and the accumulated payment has reached the fixed number of years stipulated by the state; Those who have not reached the fixed number of years prescribed by the state may pay the fees to the fixed number of years prescribed by the state.

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.