The company will pay social security by itself after ten years. Is retirement based on the retirement age of employees?

Minimum payment period of social security 15 years. At retirement age, there are two ways to deal with it: 1. It doesn't matter where the endowment insurance is paid. When you retire in the future, you can move back to the place where you are registered for retirement and enjoy the retirement benefits of the residents where you are registered. 2. You can apply for retirement at the place where the old-age insurance is paid. No matter where the registered permanent residence is, as long as the payment in the insured place has reached 10 years, the minimum payment period stipulated by social security has reached, and when the retirement age is reached, you can go through the retirement formalities in the insured place and enjoy the retirement benefits of the residents in the insured place.

Legal objectivity:

Social insurance law

Article 15

The 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.

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.