Can I buy social security at the age of 50? How to buy

You can also pay social security at the age of 50. There are three ways to pay social security and enjoy retirement benefits. One is to participate in the endowment insurance for urban and rural residents and pay the annual fee. After reaching the age, the one-time payment is enough 15 years. Two, the basic old-age insurance for employees in urban enterprises should be paid first, and the longest payment period is 15 years. When the retirement age is 15 years, you can go through the retirement procedures normally. The third is to participate in the basic old-age insurance for employees of urban enterprises as flexible employees, and pay for it continuously for 15 years, or make up for it at the age of 65 15 years.

The age limit for paying social insurance is as follows:

1. There is an age limit for companies to pay social security. The minimum age is 16 years old, and the maximum age is over the statutory retirement age. Men over 60 years of age, female cadres over 55 years of age, and female employees over 50 years of age cannot participate in social security. All employees can apply for social security as long as they meet the minimum age requirements and do not exceed the maximum age limit.

2. For those who pay social security for the first time, the maximum age limit for men to pay social security is 60 years old, 50 years old for female employees and 55 years old for cadres. Those who exceed this condition cannot pay social security.

Current legal retirement age:

1. Female: the insured employee of the unit is 50 years old; The manager is 55 years old All insured individuals are 55 years old.

2. M: They are all 60 years old. Employees, managers, units and individuals all have insurance.

3. Among them, workers who are engaged in underground, high altitude, high temperature, particularly heavy manual labor or other jobs harmful to health, workers who work in plateau areas above 3,500 meters above sea level and low-temperature places such as cold storage and production workshops below zero degrees Celsius all the year round, can retire early (female employees are over 45 years old and male employees are over 55 years old).

4. Persons who are disabled due to illness or non-work-related disability and are completely incapacitated by the hospital and confirmed by the labor appraisal committee may retire early (hereinafter referred to as retirement due to illness, female 45 years old, male 50 years old).

Three factors affecting the amount of pension:

1. When you retire, the salary in the province in the previous year (the salary in the province is increasing every year, and the pension is also increasing year by year. Therefore, the later the retirement time, the more pensions);

2. My payment period (the longer the payment period, the more the pension);

3. Personal account amount (the more contributions, the more pensions).

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.