Can social security not be paid?

Hello, the pension insurance must be paid for at least 15 years before you can enjoy the pension benefits after retirement. Old-age insurance can be surrendered or paid if it exceeds the fixed number of years. The calculation and payment of pension is related to the accumulated payment period and the accumulated balance of pension personal account. Generally speaking, the basic pension is linked to the payment period of your old-age insurance, the payment base and the local average social wage in the previous year. The higher your payment base, the longer your payment period, and the higher your monthly basic pension when you retire.

Legal basis:

Article 16 of the Social Insurance Law: Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid the accumulated contributions for 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.