Fifty years old can still pay social security

Legal analysis: It is possible to buy pension insurance, but there are conditions for receiving pension insurance benefits.

1. Reaching the legal retirement age and have gone through the retirement procedures;

2. The unit and the individual participate in the pension insurance in accordance with the law and fulfill the obligation of pension insurance contributions;

3. Individuals have paid contributions for at least 15 years (the years of contributions during the transition period include the years of deemed contributions). Nowadays, China's enterprise workers statutory retirement age for: male workers 60 years of age management and scientific research work of female workers 55 years of age production and labor support work of female workers 50 years of age, freelancers, self-employed businesswomen aged 55 years old;

Legal basis: "Chinese People's **** and the State Law on Social Insurance" Article 2 Participation in the basic pension insurance for the employees of the individual to reach the statutory retirement age. If the accumulated contributions are less than fifteen years, they may extend their contributions until they reach the full fifteen years. Individuals who participated in the insurance before the implementation of the Social Insurance Law and whose contributions are still less than fifteen years after the extension of five years' contributions may make a one-time contribution until the full fifteen years.