Social security themselves to pay 15 years to stop paying, or continue to pay?

Social security after 15 years of payment is possible to not pay, but the renewal is still necessary. According to the provisions of China's Social Insurance Law, people who participate in the basic pension insurance, you need to accumulate contributions for fifteen years. People who participate in the basic medical insurance, when they reach the retirement age of men who have accumulated a total of 30 years of contributions, women who have accumulated a total of 25 years of contributions, do not need to continue to pay.

Can I stop paying social security after 15 years of contributions?

Social security can be stopped after 15 years of payment, but it is necessary and cost-effective to continue to pay for social security, for the following reasons

1, the longer the contribution time, the higher the contribution base, the more money you can get after retirement.

2, pay social security at the same time, the company is also paying. If the individual does not pay, then the company's part also stopped. There is also that even if you pay the full 15 years of social security, as long as you do not reach retirement age, working in a business unit, then you must pay social security, this is the rule.

3, the amount of pension, and the local average wage, with the payment of social security years and base are related. If the salary is lower than the local average wage level, it is more to pay. Because the work only need to pay a very small amount of pension insurance, but after retirement can get a higher pension.

4, if you stop participating in the insurance, then other social security benefits can not be enjoyed, such as health insurance stopped, go to the hospital can not be reimbursed.

The benefits of paying 25 years of social security:

1, retirement pension can receive more

As an example, if the monthly salary before retirement is 5,000, pay 15 years each month can receive 1268 yuan pension. But the same conditions, if the cumulative contributions to the full 25 years, each month can receive 2113 yuan, a full more than 800 yuan. 10 years down, can be more than others to receive 100,000.

2, pay 25 years than pay 15 years rose more

We all know that the pension is the implementation of the mechanism of more pay more, long pay more. And the level of annual pension increases, are linked to the number of years of contributions. At present, the pension increase standard is divided into four parts: the fixed amount of increase, the monthly pension linked to the increase, the number of years of contributions linked to the increase, the elderly tilt and so on. According to the number of years of contributions, the rate of increase are different, pay 25 years more than others are more.

3, paid 25 years, can enjoy lifelong health insurance

Men paid 25 years, women paid 20 years, can enjoy lifelong health insurance treatment. That is to say, after 25 years of social security contributions, you do not have to pay premiums after retirement, anytime you are sick at any time reimbursement.

Taking hospitalization as an example, if you don't have lifelong medical insurance, you will have to bear all the medical expenses after retirement. If you pay for 25 years, the amount of annual medical insurance reimbursement after retirement can be up to 1.6 million. This is the big head of social security, not to pay the full 25 years is not. So social security is much more cost-effective to pay for a long time, even if you have paid the full 15 years to continue to pay.

And once the health insurance is cut off, the next month onwards to see the doctor to buy medicine can not be reimbursed, so not only is the retirement is affected, in the work of the time medical health is also not guaranteed. In order to get some more money in the future, social security try to pay a long time, pay 25 years benefits certainly more than pay 15 years.

Even if you pass away, the premiums you paid will be inherited by your children. You can choose to return it to your children, or you can transfer it to your children's names and continue to pay for it for a full year, so that your children will have the same social security benefits when they get older.

Legal basis

The People's Republic of China*** and the State Social Insurance Law Article 10 Employees shall participate in the basic pension insurance, by the employer and the employee*** with the payment of basic pension insurance premiums.

Individual industrial and commercial households without employees, part-time workers who do not participate in basic pension insurance with their employing units, and other flexibly employed persons may participate in basic pension insurance and pay basic pension insurance premiums by themselves.

The methods of pension insurance for civil servants and staff members administered under the civil service law shall be prescribed by the State Council.