/kloc-born in 0/962, pay the old-age insurance.

First, in 2022, men born in 1962 need to pay the old-age insurance in one lump sum, because the legal retirement age for men is 60, and they just turned 60 this year.

People born in 1962 participate in employee pension insurance, and the prerequisite for receiving pension after retirement this year is that the cumulative payment period is at least 15 years.

If the payment period is less than 15, it is a wonderful idea to pay in one lump sum to 15, but it is not possible, because the state does not allow the enterprise employee pension insurance to pay in one lump sum.

According to the current regulations in Ministry of Human Resources and Social Security, it is not allowed to increase the payment period by paying back afterwards.

Therefore, when reaching retirement age, the payment period is less than fifteen years, and it is necessary to extend the payment to 15 years.

There is also a special situation. If you were insured before the implementation of the Social Insurance Law in July, 201/,then you can pay to 15 in one lump sum after extending the payment for five years.

In addition, if you don't want to extend the payment, you can also choose to convert employee pension insurance into urban and rural residents' pension insurance, and then receive urban and rural residents' pension, but it should be noted that the pension level of urban and rural residents is much lower than that of employees.

The second point is employee pension insurance, which is not allowed to be paid in one lump sum. However, if the insured person participates in the old-age insurance for urban and rural residents, the payment period is not 15 years when he is 60 years old. In this case, the one-time payment can be made to 15 years.

In the case of normal payment, you can enjoy the payment subsidy if you participate in the endowment insurance for urban and rural residents, but you will not enjoy the payment subsidy if you pay back.

If it is necessary to pay back the old-age insurance for urban and rural residents, it is necessary to go through the formalities of paying back the old-age insurance at the village Committee or neighborhood Committee where the household registration is located, fill out the application form, and then deposit the paid money into the social security card or bank card.