Job Recruitment Website - Social security inquiry - Will social security be paid in fifteen years?

Will social security be paid in fifteen years?

Legal analysis: you can pay or not. The insured of old-age insurance must reach retirement age and pay social security 15 years or more to receive basic old-age insurance on a monthly basis. Therefore, the accumulated social security contributions can be suspended after 15 years. What needs to be reminded here is that, generally speaking, the longer and more you pay social security, the more pension you will receive after retirement.

Legal basis: Article 16 of the Social Insurance Law of People's Republic of China (PRC). 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.