Retirees need to pay social security

Retirees do not need to pay social security, the law clearly stipulates the retirement age of the person can enjoy the treatment of social security, but do not need to pay social security, the specific circumstances can be based on the relevant provisions of the relevant provisions of the social security treatment at the time of retirement, to avoid the application of the law is wrong.

A, retiree social insurance still need to pay?

Retirees do not need to pay social insurance, you can enjoy the standard social security treatment, according to the "Social Insurance Law" Article 16 to participate in the basic pension insurance individuals, reaching the statutory retirement age when the cumulative contributions of fifteen years, receive a monthly basic pension. Individuals who have participated in basic old-age insurance and have contributed for less than fifteen years by the time they reach the legal retirement age may contribute until they reach the full fifteenth year and receive a monthly basic pension; they may also be transferred to the new type of rural social old-age insurance or the urban residents' social old-age insurance, and enjoy the corresponding old-age insurance treatment in accordance with the provisions of the State Council. If an individual participating in basic pension insurance dies as a result of illness or not due to work, his or her surviving family members receive funeral grants and pensions; if he or she becomes totally disabled as a result of illness or not due to work before reaching the legal retirement age, he or she receives a disability allowance. The necessary funds are paid from the basic pension insurance fund.

The way of collecting social insurance premiums

1. Proportionate premium system

This system is based on the insured's salary income, and a certain percentage is set to collect the premiums. The main purpose of social insurance is to compensate the insured for the loss of income during the period of risky accidents in order to maintain a minimum living, so it is necessary to refer to the income on which the insured normally depends, on the one hand, as a measure of the standard of payment, and on the other hand, as the basis for the calculation of premiums.

The biggest defect of the proportional premium system based on work is that the burden of social insurance is directly linked to wages. Whether the employer and employee both pay social insurance premiums or one of them pays social insurance premiums, the burden of social insurance is manifested in an increase in the cost of labor, which will lead to the crowding out of labor by capital, thus causing an increase in unemployment.

2. Equalization of premiums

This means that the same amount of premiums is charged irrespective of the income of the insured or his employer. The advantage of this system is that the calculation is simple, easy to implement; and the use of this method of collecting insurance premiums in the country, in its payment, generally also adopts the equalization system, has the meaning of income and expenditure are equal. However, the drawback is that low-income people and high-income people pay the same premiums, in terms of affordability is obviously unfair.

The specific handling of the social security situation, is strictly based on the procedures set out in the law to deal with the different types of social security and social security benefits for different people are different,

the specific circumstances of the retirement of the social security department to consult the understanding, after the required procedures to enjoy the pension and other benefits.