Social security has not paid 15 years how to do

There are two prerequisites for receiving a pension, one is to reach the legal retirement age, and the other is that the number of years of pension insurance contributions should reach at least 15 years. So, social security has not paid 15 years how to do? Below, understand the vision of the editor to introduce you to the social security has not paid 15 years of treatment.

Social security has not paid 15 years of how to do

There are two prerequisites for receiving a pension, one is to reach the legal retirement age, and the other is that the number of years of pension insurance contributions should reach at least 15 years. So, social security has not paid 15 years how to do? Below, the gold investment insurance network small editor for you to introduce the social security has not paid 15 years of treatment.

First of all, it is necessary to remind that, according to the provisions of the current pension insurance treatment method, the pension treatment is related to the number of years of personal contributions, the index of the salary of my contributions, the amount of personal account storage and the previous year's social wage at the time of retirement. Simply put, the longer the number of years of contributions and the more the amount of contributions, the more pension you will receive at the age. Therefore, those who have paid 15 years of social security contributions, but have not reached retirement age, should continue to participate in contributions until retirement age.

Trivia The statutory retirement age, i.e., 60 years old for men, 50 years old for women workers and 55 years old for women cadres. Only those who are recognized to be engaged in special types of work and those who are totally incapacitated can retire early.

Secondly, the retirement age has reached, social security has not paid 15 years how to do?

1. Article 16, paragraph 2 of the Social Insurance Law stipulates that individuals who have participated in basic pension insurance and have accumulated less than 15 years of contributions when they reach the legal retirement age can pay until they reach 15 years and receive a basic pension on a monthly basis; or they can be transferred to a new type of rural social pension insurance or urban residents' social pension insurance, and enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council. According to this provision, workers may choose to renew their contributions or transfer their social security.2. Article 2 of the Several Provisions on the Implementation of the Social Insurance Law of the People's Republic of China stipulates that individuals participating in the basic pension insurance for employees who have accumulated less than 15 years of contributions by the time they reach the statutory retirement age may extend their contributions until they reach the full 15 years. Individuals who were insured prior to the implementation of the Social Insurance Law, and who have extended their contributions for five years and still have less than 15 years of accumulated contributions, may make a one-time contribution until they reach the full 15 years of accumulated contributions. Article 3 stipulates that if an individual who has participated in employee basic pension insurance reaches the statutory retirement age and has made contributions for less than 15 years (including the extension of contributions in accordance with the provisions of Article 2), and has not been transferred to the new type of rural social pension insurance or to the urban residents' social pension insurance, the individual may apply in writing for termination of the employee basic pension insurance relationship. Upon receipt of the application, the social insurance agency shall inform the individual in writing of his or her right to transfer to the new rural social pension insurance or urban residents' social pension insurance and of the consequences of terminating his or her basic pension insurance relationship, and upon written confirmation by the individual, shall terminate his or her basic pension insurance relationship, and shall pay to the individual a lump sum of his or her individual account savings.

According to the above laws and regulations, if an individual who has participated in the employees' basic pension insurance reaches the legal retirement age and has accumulated less than 15 years of contributions, the employee has three choices:

The first choice: continue to make contributions for a full 15-year period, and receive the basic pension on a monthly basis.

The second option: transferring the employee's basic pension insurance relationship to the new rural social pension insurance or urban residents' social pension insurance. Article 6 of the Interim Measures for the Convergence of the Urban and Rural Pension Insurance Systems (MOHSS Issues [2014] No. 17) stipulates that if a participant transfers from the urban workers' pension insurance to the urban and rural residents' pension insurance, the entire amount of the savings in the personal account of the urban workers' pension insurance will be merged into the personal account of the urban and rural residents' pension insurance, and the number of years of contributions in the urban workers' pension insurance will be merged and counted as the number of years of contribution in the urban and rural residents' pension insurance.

The third option: an individual applies in writing to terminate the workers' basic pension insurance relationship and receives a lump-sum payment of the amount stored in the individual account.

For employees who have been insured for a longer period of time, it is more favorable to choose to continue to make contributions. Like the case of Liu has paid 6 years, the Department of Social Insurance Law before the implementation of the insurance, extend the contribution 5 years (Liu 55 years old), and then a one-time payment of 4 years will be full of 15 years, you can go through the retirement procedures, receive a monthly pension. In this way, Liu very favorable. Because, choose to transfer the pension insurance relationship or receive cash, only transfer or receive personal account part (personal contribution of 8% of the salary), and the social co-ordination part (by the employer in accordance with the unit of the total wages of the employees of the unit of 20% of the contribution and government subsidies composed of) can not benefit.

This also reminds employees who have reached the legal retirement age and have made less than 15 years of pension insurance contributions to choose their treatment carefully.