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One-off social security in Jiangyou rural areas
Insured persons with work units pay endowment insurance premiums on a monthly basis.
If there is no work unit, the old-age insurance for residents purchased shall be paid annually.
Only when you reach the statutory retirement age and the accumulated payment is less than 15 years, you can apply for a one-time payment.
If you have never bought old-age insurance and are over 60 years old, you can apply for a one-time payment to buy old-age insurance at the social security bureau 15 where you are registered.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.
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