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How do foreigners in Shanghai pay social security after they are 50 years old?

Legal analysis: those who have paid the insurance premium in Shanghai for more than 10 years and whose pension insurance relationship is still in Shanghai at the time of retirement will retire according to the Shanghai policy and enjoy the pension treatment in Shanghai. There are special provisions on the places where you can enjoy the pension benefits: Article 6 of the Interim Measures for the Transfer and Continuation of the Basic Endowment Insurance Relationship for Employees of Urban Enterprises, if the insured persons who are employed across provinces meet the conditions for receiving the benefits, the place for receiving the benefits shall be determined according to the following provisions: (1) If the basic pension insurance relationship is located at the domicile, the domicile shall be responsible for handling the procedures for receiving the benefits and enjoying the basic pension insurance benefits. (2) If the basic old-age insurance relationship is not located in the domicile, but the accumulated payment period in the domicile of the basic old-age insurance relationship has reached 10 years, the local treatment collection procedures shall be handled and the local basic old-age insurance benefits shall be enjoyed. (3) If the basic old-age insurance relationship is not located at the domicile, and the cumulative payment period in the locality where the basic old-age insurance relationship is located is less than 10 year, the basic old-age insurance relationship will be transferred back to the original insured place, and the payment period will be 10 year, thus enjoying the basic old-age insurance benefits. (4) If the basic old-age insurance relationship is not located at the domicile, and the accumulated payment period in each insured place is less than 10 year, the basic old-age insurance relationship and corresponding funds shall be collected at the domicile, and the domicile shall go through the formalities for receiving the benefits according to regulations and enjoy the basic old-age insurance benefits. : If the accumulated social security payment is less than 15 years when you retire, and less than 15 years when you reach the legal retirement age, you can receive the basic pension on a monthly basis after paying 15 years; 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. People who pay social security late, or have not paid it for a long time because of work, and are not in a city. You can choose to pay in one lump sum and pay off the difference in one lump sum, and you can receive a pension at retirement age.

Legal basis: Article 57 of the Social Insurance Law of People's Republic of China (PRC) stipulates that the employing unit shall, within 30 days from the date of its establishment, apply to the local social insurance agency for social insurance registration with its business license, registration certificate or unit seal. The social insurance agency shall, within fifteen days from the date of receiving the application, examine and issue the social insurance registration certificate. Where the social insurance registration items of the employing unit are changed or the employing unit is terminated according to law, it shall, within 30 days from the date of change or termination, go to the social insurance agency to handle the change or cancellation of social insurance registration. The administrative department for industry and commerce, the civil affairs department and the organization management organ shall promptly notify the social insurance agency of the establishment and termination of the employing unit, and the public security organ shall promptly notify the social insurance agency of the birth, death and household registration, transfer and cancellation of an individual.