After paying social security for 13 years in Shanghai, there are still 2 years left to reach retirement age. You can choose to pay personal supplementary fees and pay up the social security for less than 15 years before you can enjoy pension insurance benefits. You can also receive pension funds accumulated in your personal account on a monthly basis. If you do not live in Shanghai, you need to go through transfer procedures.
When a Shanghai employee has paid social security for 13 years and has 2 years left before retirement age, he can choose to make additional contributions to his personal account to reach a social security payment period of no less than 15 years. Specifically, you can contact the social security agency to calculate the amount of supplementary payment based on the actual situation. After paying the corresponding fees, you can complete the supplementary payment procedures and meet the minimum payment period requirements, thereby enjoying pension insurance benefits. In addition, you can also receive pension funds from personal accounts in accordance with regulations as a source of income after retirement. It should be noted that if the employee no longer lives in Shanghai, social security transfer procedures will also need to be completed. Specifically, you can apply for social security transfer out at the social security agency where your original unit is located, and provide relevant materials such as ID card, household registration booklet, and social security card. After completing the transfer procedures, you can go to the social security institution in your new workplace or place of residence to receive social security payments.
If I do not meet the minimum pension insurance payment period after retirement, can I receive pension insurance benefits? According to the "Social Insurance Law of the People's Republic of China", if you do not meet the minimum pension insurance payment period when you retire, you are not eligible to receive pension insurance benefits. In this case, individuals can choose to receive pensions or enjoy government assistance programs such as minimum living security. Therefore, it is recommended that employees start paying social security as early as possible and increase the number of pension insurance payment years to ensure financial resources in their later years.
When Shanghai employees have less than 15 remaining social security payment years in the two years before retirement, they can choose to pay personal back-up payments to fill up the social security payment years and "purchase" pension insurance benefits at a low price. If you do not live in Shanghai, you still need to go through the social security transfer procedures. I believe this article will be helpful to employees on the issue of pension insurance.
Legal basis:
Chapter 12, Article 74 of the "Social Insurance Law of the People's Republic of China" years, and reach the statutory retirement age, you can receive a basic pension.