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Can I retire at 50 after paying social security 15?
Suitable. Need to pay enough 15 years. Men are insured before the age of 45, and after paying 15 years, they are just 60 years old and reach retirement age, at which time they just enjoy the retirement benefits of social security. Women are insured at the age of 35-40, and after paying 15 years, they also reach retirement age at the age of 50-55, only enjoying social security retirement benefits.
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 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.
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