Is it worthwhile to pay social security every year at the age of 52?

Legal analysis: if you are not insured after 50 years old, it is generally not recommended to buy basic old-age insurance for employees. Suitable for 52-year-old pension insurance, that is, urban and rural residents' pension insurance. The retirement age of urban and rural residents' pension insurance is 60 for both men and women. According to the national regulations, the endowment insurance for urban and rural residents should be paid annually, but it is also allowed to pay back. The accumulated payment period at retirement shall not exceed 15 years. Generally speaking, everyone is over 60 years old, and the payment is less than 15 years, which is a one-time payment 15 years. The most important thing is that the endowment insurance for urban and rural residents will not lose money. All the money paid by the insured person goes into the personal account. The money in the personal pension account can be inherited in case it is not collected. Therefore, if you die early, all the money in your personal account and the annual interest paid by your personal account will be returned to your heirs without any loss to your family.

Legal basis: Article 16 of the Social Insurance Law of People's Republic of China (PRC) stipulates that individuals who have participated in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have accumulated contributions for 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.