The 53 year old pension insurance is relatively late in the payment age, but even so, it is still necessary to pay social insurance.
1. You can effectively set up your own social security account at any age. You just need to set up a social security account through your work unit and pay the fees year by year. But for the 53 year old, you can't retire according to the normal legal retirement age, but the Social Insurance Law clearly stipulates that when a person is delayed for another 5 years, if you say the cumulative payment, If the service life is still less than 15 years old, then under this condition, he is allowed to pay the expenses needed to complete 15 years in a lump sum after five years of delay. He can directly handle retirement and enjoy the monthly pension benefits, which means that if you want to delay retirement, it is only enough to delay retirement to 65 years old, and it is not necessary to delay retirement to 68 years old.
2. In addition to the option of delaying retirement, you have another option. For example, you can choose to transfer your employees' pension insurance to urban and rural residents' pension insurance, and then you can make up the expenses needed for 15 years at a time before the age of 60. You can directly handle retirement without delaying retirement.
Legal basis
Article 16 of the Full Text of the Social Insurance Law of the People's Republic of China, an individual who has participated in the basic old-age insurance and has made contributions for 15 years accumulatively when reaching the statutory retirement age, shall receive the basic old-age pension on a monthly basis.
Individuals who have participated in basic pension insurance and have paid less than 15 years of contributions accumulatively when they reach the statutory retirement age can pay up to 15 years of contributions and receive basic pension on a monthly basis; It can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, and enjoy the corresponding pension insurance benefits according to the regulations of the State Council.
