What happens if foreign talents fail to pay old-age insurance fees for 15 years before retirement?
Posted: Tue Jul 06, 2021 8:56 am
Where insured foreigners who have obtained permanent residence rights in China but failed to pay old-age insurance fees for 15 years before retirement, the payment period can be extended according to provisions of Several Regulations on Implementing Social Insurance Law of the People’s Republic of China, and they can enjoy social insurance treatment after reaching the prescribed years. Foreigners who fail to obtain permanent residence rights in China can collect a lump-sum pension for individual accounts.