How many years do I need to pay social security?

Mondo Social Updated on 2024-02-01

Social security guarantees everyone's basic life, related to pension and medical care, and now in the first-tier cities are also associated with many welfare qualifications, such as buying a house, buying a car lottery, etc., so active payment is the key, so how many years do you need to pay social security at least?

A minimum of 15 years of social insurance contributions is required before you can enjoy social security benefits after reaching the statutory retirement age. According to Article 16 of the Social Security Law, those who participate in the basic pension insurance of individuals can no longer continue to pay contributions after reaching the statutory retirement age when they reach the statutory retirement age. If the on-the-job insurance is paid by the company, even if the employee has not retired after 15 years, the enterprise must continue to pay until the employee retires. If you are an individual who pays social security, you can stop paying or continue to pay.

The most important part is endowment insurance and medical insurance, because these two types of insurance involve our retirement pension security and medical security.

Everyone should know that there are two conditions for receiving a basic pension on a monthly basis: first, it must reach the statutory retirement age; Second, individuals who have participated in the basic endowment insurance have paid for 15 years. The minimum payment period is 15 years, which does not mean that you can not pay after 15 years, but the longer the payment period and the larger the payment base, the more pension you will receive after retirement.

The payment period for medical insurance is not uniform, generally ranging from 20 to 30 years, and the parameters of payment are not the same.

And now many rights and interests qualifications will also be associated with social security, such as want to buy a house, the minimum continuous payment period in Shanghai is 5 years, and there can be no interruption of payment, in addition, such as buying a car lottery, children going to school, etc., there are restrictions on the number of years of social security payment, so it is very important to pay social security continuously.

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