Job Recruitment Website - Social security inquiry - Can social security/kloc-be paid after 0/5 years?

Can social security/kloc-be paid after 0/5 years?

You don't have to pay. One of the conditions for enjoying social security benefits is that the payment reaches 15 years. Payment has been completed for 15 years, and those who meet one of the conditions for receiving pension can stop receiving it, and they can retire when the payment reaches the statutory retirement age.

To participate in old-age insurance, you must meet two conditions before you can receive a pension: first, you must reach the statutory retirement age; Second, the accumulated endowment insurance premium has reached 15 years. The so-called legal retirement age refers to the age when employees resign and are eligible for pensions. According to the relevant regulations, the legal retirement age of employees in Chinese enterprises is: 60 years for men, 50 years for women employees and 55 years for women cadres.

However, the amount of pension is directly proportional to the accumulated payment period. Endowment insurance is "pay more and get more, pay more and get more for a long time". That is, the longer the payment time, the more pensions you receive. Therefore, if you want to receive more pension after retirement, it is suggested that you continue to pay after 15 years. Especially for the employees of the company, some companies pay endowment insurance, bear a small part of the expenses themselves, and the company bears most of the expenses, which is also the welfare provided by enterprises to employees.

Legal basis:

People's Republic of China (PRC) Social Insurance Law Article 2 The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance to protect citizens' right to get material help from the state and society in the event of old age, illness, industrial injury, unemployment and maternity.