Can social security contributions be exempted after 0/5 years?

Social security needs to be paid after 15, unless the legal retirement age is reached.

Endowment insurance is a kind of five insurances, and the state stipulates that enterprises and employees should pay together according to different proportions. Among them, the cumulative payment of endowment insurance exceeding 15 is only a basic condition for employees to apply for retirement when they reach the national legal retirement age, and it does not mean that they do not need to continue to pay after paying 15.

According to Article 10 of the Social Insurance Law: "Employees shall participate in the basic old-age insurance, and employers and employees shall jointly pay the basic old-age insurance premium." Paying social security is a legal obligation. Even if it has been paid 15 years before retirement, it should continue to be paid until the employee retires.

Extended data:

Social security should continue to be paid after 15, which has several advantages:

1. The longer the length of service, the longer the accumulated payment period and the more pensions.

2. The higher the salary, the higher the payment base and the more pensions.

3. The later the retirement age, the more old-age expenses and pensions.

4. The more developed the local economy, the higher the average wage of employees, and conversely, the more pensions.

People's Network-/kloc-Do you need to pay endowment insurance after 0/5 years? The authoritative statement is here.

Baidu Encyclopedia-People's Republic of China (PRC) Social Insurance Law