The foreigner is 50 years old from Hangzhou, and the social security is still 1 month. Can he retire in Hangzhou?

The foreigner is 50 years old from Hangzhou, and the social security is still 1 month. Can he retire in Hangzhou?

According to "People's Republic of China (PRC) Social Insurance Law", employees need to meet certain conditions to receive basic pension when they reach the statutory retirement age. Among them, the most important condition is that the employee's social security payment period must reach the minimum period stipulated by the statutory retirement age.

For the situation of foreigners in Hangzhou, if the social security is still 1 month, then you need to continue to pay social security until you reach the minimum age requirement. If you can't continue to pay social security, you can't retire in Hangzhou and receive a basic pension.

To sum up:

A foreigner is 50 years old in Hangzhou, and his social security is still short of 1 month, so he can't retire in Hangzhou. You need to continue to pay social security until you reach the minimum age requirement. If you can't continue to pay social security, you can't retire in Hangzhou and receive a basic pension.

Legal basis:

Article 16 of the Social Insurance Law of People's Republic of China (PRC) stipulates:

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age. 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.