Laid-off workers are exempted from paying two years of old-age insurance on the individual how to influence

1. Article 16 of the Social Insurance Law stipulates that individuals who have participated in basic pension insurance and have paid contributions for a total of fifteen years by the time they reach the legal retirement age will receive a monthly basic pension.

2. According to the Social Security Law, two conditions must be met in order to apply for retirement, one is to reach the statutory retirement age, and the other is to have paid contributions for 15 years, as long as these two conditions are met, you can apply for retirement.

3, so if the pension insurance contributions for 15 years, to the flexible employment status of the individual to participate in pension insurance, because of the economic situation do not want to contribute, can apply for suspension of payment of pension insurance procedures. But do not pay the pension insurance on my own is going to have a certain impact, which has the greatest impact on health insurance, it is recommended that if there are no very special circumstances, it is best not to stop paying pension insurance.

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