Shenzhen social security can not pay after 15 years of payment

Shenzhen social security can not pay after 15 years.

According to relevant laws, social security contributions for 15 years is one of the basic conditions for receiving pension insurance. If an employee has paid for 15 years before reaching the legal retirement age, he or she can choose to stop paying, but doing so may affect the amount of pension he or she receives in the future. If the employee continues to be employed and earns income, it is recommended that he/she continues to pay social security contributions in order to accumulate more pension benefits. Upon reaching the legal retirement age, employees can receive a monthly basic pension if they have accumulated 15 years of contributions.

Basic provisions of social security:

1, the composition of social security: social security usually includes five categories of pension insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance;

2, the principle of payment: social security payment is usually followed by the principle of the unit and the individual **** the same principle of payment, the specific ratio and the amount of money according to the local policy;

3, the number of years of payment The number of years of payment of pension insurance directly affects the receipt of pension after retirement, and different regions may have different regulations;

4, interruption and replacement: after the interruption of social security payment, individuals can choose to make up for the payment, in order to protect the rights and interests of social security will not be affected;

5, the transfer and continuation: social security has a transferable nature, individuals in the employment of cross-regional social security relationship can be transferred to the new workplace. location.

In summary, after 15 years of social security payment in Shenzhen, you can choose to stop paying, but it may affect the amount of pension received in the future. It is recommended to continue to be employed and pay social security in order to accumulate more pension benefits. After reaching the legal retirement age, if you have accumulated 15 years of contributions, you can receive a monthly basic pension.

Legal basis:

The Social Insurance Law of the People's Republic of China

Article 16

Individuals who have participated in basic old-age pension insurance and have accumulated 15 years of contributions by the time they reach the statutory retirement age can receive a basic pension on a monthly basis. Individuals who have participated in basic pension insurance and have contributed for less than fifteen years by the time they reach the statutory retirement age may contribute until they reach the full fifteen years and receive a basic pension on a monthly basis; they may also be transferred to the new type of rural social pension insurance or the urban residents' social pension insurance, and shall enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.