Job Recruitment Website - Social security inquiry - I paid 15-year endowment insurance in Qitaihe Social Security Bureau on October 9. Can I retire at the age of 55? ? How to deal with it?

I paid 15-year endowment insurance in Qitaihe Social Security Bureau on October 9. Can I retire at the age of 55? ? How to deal with it?

This is not allowed. According to the regulations, payment can only be renewed annually. Based on the fact that the parties who participated in the insurance before the implementation of the 20 1 1.07 social insurance law can pay the rest in one lump sum after five years of continuous participation and then retire.

"Several Provisions on Implementing the Social Insurance Law of People's Republic of China (PRC)" Article 2 When an individual who participates in the basic old-age insurance for employees reaches the statutory retirement age, if the accumulated payment is less than fifteen years, the payment may be extended to fifteen years. After the implementation of the Social Insurance Law, if the payment is extended for five years but still less than fifteen years, it can be paid in one lump sum for fifteen years.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.