If you can't live to retirement age, what about the old-age insurance?

If you don't live to retirement age, the pension insurance will be used to pay funeral expenses and one-time pension, and the balance of the pension insurance will be refunded, as follows:

1. Social endowment insurance is a social insurance system established by our government according to the social development, in order to solve the basic life of workers who reach the working age limit stipulated by the state and terminate their labor obligations or quit their jobs because of old age. If the endowment insurance has been paid continuously for 15 years, but it has not reached the retirement age, you can choose to pay it back;

2. If the payment period does not reach 15 years after reaching retirement age, you must continue to pay, otherwise you will not be able to receive it.

15 What if I don't retire after paying social security?

Social security/kloc-can no longer be paid after 0/5 years. If there is a unit, even after 15 years, but the employees have not retired, the enterprise will continue to pay fees until retirement. Individuals who pay social security can stop paying or continue to pay. According to the local policy, they will definitely continue to pay high salaries. Endowment insurance follows the principle of "pay more and get more". The higher the payment base, the longer the service period, and the more pensions you receive when you retire.

Although the cumulative payment period exceeds 10 or 15, people who reach the legal retirement age can enjoy pension benefits, but the longer the payment period, the more the payment amount, and the more the future pension, and vice versa.

Social security includes pension, medical care, work injury, unemployment and maternity insurance.

Legal basis:

Article 27 of People's Republic of China (PRC) Social Insurance Law

Individuals who participate in the basic medical insurance for employees will not pay the basic medical insurance premium after retirement and enjoy the basic medical insurance benefits in accordance with the provisions of the state if they reach the statutory retirement age and the accumulated payment has reached the fixed number of years stipulated by the state; Those who have not reached the fixed number of years prescribed by the state may pay the fees to the fixed number of years prescribed by the state.

Article 28

Medical expenses that meet the basic medical insurance drug list, diagnosis and treatment items, medical service facilities standards and emergency rescue shall be paid by the basic medical insurance fund in accordance with state regulations.

Article 29

The medical expenses of the insured shall be paid by the basic medical insurance fund, and shall be directly settled by social insurance agencies, medical institutions and pharmaceutical business units.

The administrative department of social insurance and the administrative department of health shall establish a settlement system for medical expenses in different places to facilitate the insured to enjoy the basic medical insurance benefits.