Can social security be bought at one time?

Whether social security can be bought at one time generally depends on the situation:

1, social security cannot be paid in one lump sum, social security for employees is paid monthly, and social security for residents and flexible employees is paid annually;

2. However, at present, the social security policy has not been unified nationwide, and all localities will formulate corresponding supplementary policies according to the actual situation to match the local supplementary policies, so they can pay in one lump sum. The conditions for one-time buyout of social security are as follows:

(1) holds a local household registration;

(2) Before 1 June 30, 998, including the accumulated payment period when employees participate in the basic old-age insurance of enterprises and reach the national statutory retirement age, in which the deemed payment period exceeds 10 year, and the extended monthly payment time exceeds1year;

(3) Men over 60 years old and women over 55 years old;

(4) It is still less than 15 years to participate in the insurance and extend the payment for 5 years before the implementation of the social insurance law.

Legal basis: Article 58 of People's Republic of China (PRC) Social Insurance Law.

The employing unit shall, within 30 days from the date of employment, apply to the social insurance agency for social insurance registration for its employees. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay.

Employees-free individual industrial and commercial households who voluntarily participate in social insurance, part-time employees who do not participate in social insurance in the employing unit and other flexible employees shall apply to the social insurance agency for social insurance registration.

The state establishes a national unified personal social security number. Personal social security number is a citizen's identity number.

Article 16

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age.

Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.