Can I pay social security in one lump sum

Whether social security can be paid in one lump sum depends on the situation, and the analysis is as follows:

1, it is ok to pay social security at the age of 50. You can make up for it at one time and then apply for a pension, but it is later than the normal retirement age. After paying social security, you can enjoy the corresponding social security, but the pension of old-age insurance needs to reach the payment period before you can receive it;

2, according to the provisions of the state is not a one-time payment, to participate in the basic old-age insurance for employees to reach the statutory retirement age, the cumulative payment of less than fifteen years, you can extend the payment to fifteen years. If the payment is extended for five years but less than fifteen years after the implementation of the Social Insurance Law, it can be paid in one lump sum for fifteen years;

3, to participate in the basic old-age insurance for employees to reach the statutory retirement age, the cumulative payment of less than fifteen years, you can extend the payment to fifteen years. After the implementation of the Social Insurance Law, if the payment is extended for five years but still less than fifteen years, it can be paid in one lump sum for fifteen years.

Personal social security payment process:

1. Individuals with urban or rural hukou can pay social security by themselves at local social security service points or at county-level social security bureaus. Individuals who pay social security can only pay endowment insurance and medical insurance;

2. Individuals can pay social security for themselves as freelancers. When paying social security, you need to bring your household registration book, ID card and copy, and prepare two one-inch photos. Then go to the local social security agency for handling;

3. When you apply for social security, you need to bind the bank card, mainly to deduct the fee automatically every month. You must remember to deposit the premium before the deduction date, otherwise it will be broken.

To sum up, social security needs to be paid 15 years to enjoy. Except for the local residents who have reached the age of 45 when the endowment insurance for urban and rural residents is implemented, the rest of them must have participated in social security 15 years or more, and can only go through retirement procedures and receive a monthly pension after retirement.

Legal basis:

Article 16 of People's Republic of China (PRC) Social Insurance Law

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.