Can I retire in Beijing after paying social security for ten years?

Of course. According to the Notice of Beijing Municipal Bureau of Human Resources and Social Security on Issues Concerning Delaying the Payment of Social Insurance Fees by Insured Persons, foreign household registration personnel who have paid the basic old-age insurance premiums in Beijing for more than 10 years, but all of them have paid less than 15 years, can apply for an extension to make up for their dissatisfaction and then go through retirement procedures. Old-age insurance, the full name of social basic old-age insurance, is a social insurance system established by the state and society according to certain laws and regulations for workers to reach the working age limit stipulated by the state to terminate their labor obligations or to retire from their jobs because of old age. Endowment insurance is an important part of social security system and one of the five most important social insurances. The purpose of endowment insurance is to protect the basic needs of the elderly and provide them with a stable and reliable source of life. You can enjoy retirement benefits in Beijing after you have paid social security contributions in Beijing for 10 years, but you can only apply for retirement when you reach the legal retirement age after the minimum payment of 15 years.

1. According to national regulations, social security can be accumulated now.

2. It is ok to pay at least fifteen years before retirement.

3. People from different places can enjoy Beijing retirement benefits by paying social security for ten years in Beijing, but the remaining years need to be paid back at the place where they are registered, and then accumulated separately.

Legal basis:

People's Republic of China (PRC) social insurance law

Sixteenth 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 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.