With the continuous improvement of China's social security system, more and more friends have begun to pay attention to their social security contributions. Social security, including endowment insurance, medical insurance, unemployment insurance, work-related injury insurance and maternity insurance, is an indispensable guarantee in our lives. Among them, pension insurance is particularly important because it is directly related to the quality of life after our retirement.
According to the relevant regulations of our country, individuals who participate in the basic endowment insurance can extend the payment to 15 years if the cumulative contribution is less than 15 years when they reach the statutory retirement age. So, when you reach the retirement age, you have not paid social security for 15 years, what are the circumstances that can be paid in a lump sum?This article will answer the question for you.
1. Employees of the enterprise.
1.Pension insurance: When an employee reaches the statutory retirement age, if he or she has paid pension insurance for less than 15 years, he or she can continue to pay it on a monthly basis until he or she reaches the age of 15. During this period, individuals can apply for a lump sum retroactive payment, but they will need to bear the corresponding late fees.
2.Medical insurance: When an employee reaches the statutory retirement age, if he or she has paid medical insurance for less than 15 years, he or she can continue to pay it on a monthly basis until he or she reaches the age of 15. During this period, individuals can apply for a lump sum retroactive payment, but they will need to bear the corresponding late fees.
2. Flexible employment personnel.
1.Pension insurance: When flexibly employed people reach the statutory retirement age, if they have paid pension insurance for less than 15 years, they can continue to pay monthly until they reach the full 15 years. During this period, individuals can apply for a lump sum retroactive payment, but they will need to bear the corresponding late fees.
2.Medical insurance: When a flexible employee reaches the statutory retirement age, if he or she has paid medical insurance for less than 15 years, he or she can continue to pay monthly until he or she reaches the statutory retirement age. During this period, individuals can apply for a lump sum retroactive payment, but they will need to bear the corresponding late fees.
It should be noted that the policy of one-time supplementary payment is not set in stone and may vary from place to place. Therefore, it is recommended that you consult your local social security department for specific policies and procedures when applying for a one-time supplementary payment.
Conclusion: When we reach retirement age, social security has not been paid for 15 years, which will indeed have a certain impact on our lives. However, as long as we understand the policy and grasp the opportunity, we can still solve this problem smoothly. Here, I wish everyone a wonderful retirement.