Do institutions still pay social security after retirement?

If the employee resigns, the pension insurance cannot be taken out, but the employee's pension insurance can be transferred. If an employee finds a new company, he can ask the new company to continue to pay social security for him. After leaving the company, the original company will reduce the number of employees from its company account, and then the workers can continue to pay social insurance as freelancers themselves, or they can transfer to the new company account to let the new company continue to pay social insurance. Provident funds are similar to social security. If the new company is in a foreign country, it needs to go through the formalities of social insurance relationship transfer first. The following is how to handle the social security transfer procedures: 1. The original unit submitted the certificate of termination of the labor contract between the individual and the company, the endowment insurance manual and the registration form of the increase or decrease of the employee's endowment insurance payment to the social insurance center of the local people's social security bureau, so as to reduce the number of employees' personal accounts, that is, to subtract the resigned employees from the company's social security account. After downsizing, the unit will return the employee's Pension Insurance Manual, Pension Insurance Personal Account Reduction Form and other related procedures to the employee. 2. When the laborer goes through the transfer formalities, there must be a certain interval between the termination and dissolution of the labor contract. During this period, unpaid fees must be paid at the window of the social security center under the jurisdiction of the local human resources and social security department. Provide pension insurance handbook, pension insurance personal account personnel write-down form and other related procedures, and go through the renewal procedures in the name of self-employed. So that employees can go through the transfer procedures. 3. Before going through the transfer procedures, you must provide the detailed address, unit name, bank name, bank account number and other related procedures of the human resources and social security bureau to be transferred, and go to the service center where the self-employed person pays the fee.

Legal objectivity:

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 when they reach the statutory retirement age and have accumulated contributions for fifteen years. 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. Article 18 The state establishes a normal adjustment mechanism for basic pensions. According to the average wage increase and price increase of employees, the basic old-age insurance treatment level will be improved in a timely manner.