How to pay social security wages after retirement?

The payment method of social security salary after retirement is as follows:

1. The pension insurance premium for retirees shall be paid by the Social Security Bureau, and shall be paid monthly from the month following the retirement formalities;

2. Socialized management service for enterprise retirees refers to that after retirement, management services are divorced from the original enterprise, pensions are socialized and provided by community service organizations;

3. After retirement, individuals can receive the basic pension on a monthly basis, provided that they participate in the basic old-age insurance and have paid the accumulated contributions for fifteen years;

4 retired workers who have paid less than fifteen years in total can receive a basic pension on a monthly basis after one-time payment.

Social security payment method:

1. Bank transfer: the social security institution directly transfers the pension to the bank account designated by the individual;

2. Post Office Remittance: For retirees who are inconvenient to go to the bank, social security agencies can choose to pay by post office remittance;

3. On-site collection: In some special cases, retirees can directly go to social security institutions or designated places to receive pensions;

4. Payment by proxy: For retirees with mobility difficulties or special difficulties, relatives and friends can be entrusted to receive pensions on their behalf.

5. Electronic wallet or mobile payment: Some regions support the payment of pensions to electronic wallets or through mobile payment platforms.

To sum up, after retirement, social security wages are paid monthly by the Social Security Bureau, socialized by enterprise retirees, and individuals can receive basic pensions on a monthly basis, and those who are less than 15 years can receive them in one lump sum.

Legal basis:

People's Republic of China (PRC) 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.