Can I retire after paying 15 pension insurance?

Individual pension insurance is eligible for pension only after paying 15 years. However, in order to receive the old-age pension, you must reach the retirement age and go through the retirement formalities at the Social Security Bureau, in order to receive a certain monthly pension according to the pension amount calculated by the Social Security Bureau.

The insured to receive the basic pension must meet three conditions at the same time:

First, the age reaches the national statutory retirement age:

Second, it is the cumulative payment period 15:

Three, units and individuals to participate in old-age insurance and fulfill the obligation to pay old-age insurance premiums.

You can't get a pension until you retire, but you don't have to continue to pay social security. Social security payment/kloc-can be stopped after 0/5 years. If there is a unit that has paid 15 years, but the employees have not retired, the enterprise will continue to pay until retirement; Individuals who pay social security can stop paying or continue to pay. According to the local policy, they will definitely continue to pay high salaries. Endowment insurance follows the principle of "pay more and get more". The higher the payment base, the longer the service period, and the more pensions you receive when you retire. Social security needs to wait until retirement age to apply for retirement and receive pensions; Those who have not reached retirement age cannot enjoy medical treatment from the time they stop paying premiums to retirement. You can enjoy medical treatment after retirement, and you can change to rural cooperative medical care or urban and rural medical care.

If you don't reach the legal retirement age, you won't get the pension after only paying 15 years, but you can still pay the old-age insurance premium on schedule until you reach the retirement age.

The legal retirement age of enterprise employees is: men over 60 years old, women cadres over 55 years old and women employees over 50 years old. Among them, female flexible employees who have not participated in the old-age insurance as employees need to be at least 55 years old, who have participated in the old-age insurance as employees and are not working in management technical posts at the age of 50, and are deemed to be at least 50 years old as employees. The retirement age of enterprise employees who meet the special types of work is: 55 years old for men and 45 years old for women; The retirement age of the insured eligible for early retirement due to illness or non-work-related disability is: 50 for men and 45 for women. At present, there are 9 basic old-age insurance payment standards for urban and rural residents in our city, and eligible insured persons can choose one of them to pay annually. In addition, the government will pay 1.20 yuan per person per year for the basic old-age insurance for urban and rural residents.

Because they meet the conditions for receiving a pension, they can go through retirement formalities according to law when they reach the legal retirement age, but the calculation base of the pension is the social salary in the last year of paying social insurance premiums. Moreover, the state implements the policy of paying more and getting more, and the pension payment standard is closely related to the payment period. The longer the general pension insurance payment period, the more pensions there will be.

Legal basis:

Article 16 of People's Republic of China (PRC) Social Insurance Law

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.