Payment insurance payment can be extended for less than 15 years

When employees reach the legal retirement age and the cumulative payment of endowment insurance for a total of 15 years, they can receive pensions on a monthly basis. What should I do if I have not paid enough 15 years? Can you still adopt a pension? This is a problem generally cared for participants.

The relevant person in charge of the Beijing Human Resources and Social Security Bureau stated that according to the "Several Provisions of the Implementation of the" Social Insurance Law of the People's Republic of China ", when the individual who participated in the basic endowment insurance of the employee reaches the legal retirement age, the accumulated payment of less than 15 years can extend the payment of the payment. Until 15 years; before the implementation of the Social Insurance Law (June 30, 2011), if the insured and extending the payment for 5 years are still less than 15 years, it can be paid to 15 years at one time.

But if the insured is unwilling to extend the basic endowment insurance for employees, what should I do? This situation can be applied for basic endowment insurance for urban and rural residents in the place where the household registration is located and enjoy the corresponding pension insurance benefits. If you are not willing to extend your payment and transfer to urban and rural residents' endowment insurance, individuals can apply in writing to terminate the basic endowment insurance relationship of employees. Terminate the relationship, don't worry about the money before, the money in the personal account will be paid to me at one time.

There are still many insured persons. At the age of 40 or 50, the payment of endowment insurance has been 15 years ago. However, due to the care of families and engaging in freelance, they will no longer participate in social security after leaving the unit. Everyone will have questions- "Can I still get pensions in the future?" Of course!

However, it should be noted that it is not possible to receive pensions from the time to stop the insurance payment, but to reach the legal retirement age. For example, the male insured person, the old king, resigned at the age of 55, and the endowment insurance has been paid for 28 years, so he must receive pensions after reaching the legal retirement age of 60 years. (Source: Beijing Daily)

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