Can Lufeng citizens buy social security as soon as they reach retirement age?

At retirement age, social security can't be bought at one time.

When you reach retirement age, you can pay back the unpaid years in one lump sum.

Those who participate in the basic old-age insurance for employees can pay less than 15 years when they reach the statutory retirement age, and the payment can be extended to 15 years. If the insured before the implementation of the Social Insurance Law and the extension of payment is less than 15 years after 5 years, it can be paid to 15 years in one lump sum.

If the accumulated payment of the basic medical insurance premium at the time of retirement is insufficient, 7% of the average monthly salary of employees in this city in the previous year will be used to make up for the shortage. Enjoy medical insurance benefits for retirees from next month.