Job Recruitment Website - Social security inquiry - How many months will social security be paid?
How many months will social security be paid?
1. After reaching the statutory retirement age, individuals can enjoy the pension insurance benefits after paying social security for fifteen years;
2. Individuals who have paid social security for fifteen years during their employment should continue to pay until retirement;
3. Individuals can choose to stop paying or continue to pay social security;
4. Continuing to pay social security can increase the pension;
5. Social security expenses are calculated according to the proportion of payment, including units and individuals.
Protection of social security rights and interests:
1. Old-age insurance: providing basic economic security for life after retirement;
2. Medical insurance: reducing the economic burden when seeking medical treatment due to illness;
3. Unemployment insurance: provide a certain living allowance during unemployment;
4. Work-related injury insurance: provide medical and economic assistance in case of work-related injury or occupational disease;
5. Maternity insurance: to protect the basic rights and interests of female employees during childbirth.
To sum up, paying social security for 15 years is the basic condition for enjoying the old-age insurance benefits. Individuals can receive pensions after reaching the statutory retirement age, and enterprises need to continue to pay fees until retirement within their working years. Individuals have the right to choose whether to continue to pay, which will increase the amount of pension. Social security fees are calculated according to the proportion of units and individuals.
Legal basis:
People's Republic of China (PRC) social insurance law
Article 16
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.
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