Job Recruitment Website - Social security inquiry - Can an individual pay social security when he retires at 50?
Can an individual pay social security when he retires at 50?
First of all, we need to make it clear that the social security payment period is an important factor in receiving pension when retiring. Under normal circumstances, the longer the social security payment period, the higher the pension benefits. However, reaching the statutory retirement age is a necessary condition for receiving pensions.
In China, the legal retirement age is generally 60 for men and 55 or 50 for women (depending on occupation and region). Therefore, even if an individual has paid enough social security years at the age of 50, but has not reached the statutory retirement age, he still cannot go through retirement procedures.
In addition, it should be noted that different regions and industries may have special retirement policies. For example, some special jobs or hard work may enjoy early retirement. Therefore, individuals need to refer to local laws, regulations and policies when considering whether they can retire at the age of 50.
To sum up:
Whether an individual can retire after paying social security to the age of 50 depends on the local legal retirement age policy and individual specific circumstances. Under normal circumstances, it is impossible to go through retirement procedures before reaching the legal retirement age. However, different regions and industries may have special retirement policies, and individuals need to judge and consult according to the actual situation.
Legal basis:
People's Republic of China (PRC) social insurance law
Article 16 stipulates:
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.
The retirement age stipulated in the Interim Measures of the State Council on Resettlement of Old, Weak, Sick and Disabled Cadres and the Interim Measures of the State Council on Retirement and Resignation of Workers (Guo Fa 1978 104). That is, employees of enterprises and institutions owned by the whole people, party and government organs and mass organizations shall retire if they meet one of the following conditions.
(a) men over 60 years of age, women over 55 years of age, to participate in revolutionary work for ten years;
(two) men over 50 years of age, women over 45 years of age, to participate in revolutionary work for ten years, the hospital identified completely lost the ability to work;
(3) Being disabled due to work and completely incapacitated by hospital appraisal.
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