How many years should rural endowment insurance be paid?

The payment period of endowment insurance for enterprise employees is fifteen years. Employees who reach the statutory retirement age and pay 15 years can enjoy the pension insurance benefits on a monthly basis. 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. Endowment insurance should be paid at least 15 years. First, the insured who has reached the statutory retirement age can go through retirement procedures and receive a monthly pension when the payment period reaches 15. Second, even if I have paid the fee for 15 years, I should continue to pay the fee. The insured who has paid for 15 years but has not reached the statutory retirement age shall continue to pay and fulfill the obligation to pay. The determination of pension benefits has a great relationship with the length of the insured's payment period and the level of the payment base, so try to extend your payment period as much as possible if conditions permit.

Legal basis:

"Social Insurance Law of People's Republic of China (PRC)" 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 for fifteen years at 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.

Derivative problem:

How to handle the endowment insurance?

The employee's original unit has established a personal pension account, and if the unit needs to transfer the personal account, it shall be handled according to the following procedures: 1. The insured person shall issue the "Basic Endowment Insurance Payment Certificate" to the social security institution of the original insured place; 2. The insured holds the payment voucher, household registration book, ID card, etc. Until the social security agency of the new place of employment handles the continuation relationship; 3, the new employment social security institutions to review whether the applicant meets the conditions; 4. After receiving the contact letter, the social security agency of the original insured place will clear up whether the applicant's insurance payment is in arrears and handle the transfer of the old-age insurance fund, terminate the applicant's local insurance relationship, and issue the basic old-age insurance relationship transfer and connection information form to the new insured place; 5. The social security institution of the newly insured place shall complete the relevant procedures within 15 working days after receiving the information form and the transfer fund.