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How old can I get old-age insurance? How long can I get it?

Now ordinary employees will buy old-age insurance at work. The cost of buying old-age insurance is generally borne by individuals and units. After paying the specified standards, they can apply for old-age insurance. Now there are requirements for the age of receiving old-age insurance, so when can I receive old-age insurance?

1、 When can I get old-age insurance?

According to the social insurance law of the people's Republic of China, individuals who participate in basic old-age insurance must pay accumulative contributions for 15 years when they reach the legal retirement age, go through retirement procedures and receive basic old-age pension on a monthly basis.

2、 What are the regulations on the receiving time of endowment insurance?

The legal retirement age in China is 55 for women and 60 for men. The social security pension is received according to these two age groups. In contrast, the collection time of commercial endowment insurance is much more flexible, providing a variety of choices of collection time, and can be changed before collection. The starting time of annuity is usually concentrated in the insured's four age groups of 50, 55, 60 and 65, and there are also earlier or later.

3、 Can migrant workers receive insurance benefits on a monthly basis?

According to the current basic old-age insurance policy, the personnel who meet the following conditions can receive the basic old-age pension on a monthly basis.

(1) Participated in the basic old-age insurance for enterprise employees and paid the basic old-age insurance premium according to regulations. The insured person of the employer, male, over 60 years old; Female workers at least 50 years old and female cadres at least 55 years old; Retirement age of individual insured: male over 60 years old; A female who participated in the basic old-age insurance for enterprise employees before January 1, 1996 shall be at least 50 years old; a female who participated in the basic old-age insurance for enterprise employees on and after January 1, 1996 and has no deemed payment years shall be at least 55 years old.

(2) The payment period (including the deemed payment period, excluding the converted length of service) has accumulated for 15 years or more, of which: those who participated in work (or basic endowment insurance) before January 1, 1996 and reached the legal retirement age from January 1, 2006 to December 31, 2010 have accumulated for 10 years or more.

(3) After reaching the national legal retirement age, if the insured cannot enjoy the retirement benefits on a monthly basis due to the payment period, and cannot pay by the Court chief, the pension insurance relationship shall be interrupted after going through the one-time payment procedures of pension insurance at the social insurance bureau of the insured place in the next month after reaching the national legal retirement age.

According to the provisions of China's laws, general employees can apply for pension only when they reach the legal retirement age. Therefore, there is an answer to the question of how old you can get old-age insurance. At this time, male employees are required to be at least 60 years old, female employees are required to be at least 50 years old, and female cadres are required to be at least 55 years old.