How old can I pay social security?

Hello,/kloc-you can participate in social insurance from the age of 0/6.

1. At what age can I buy social security?

The payment age of endowment insurance in social insurance starts from 16 years old and ends at the legal retirement age (generally 60 years old for men, 55 years old for women cadres, 50 years old for women employees and 60 years old for women residents).

Second, social security.

Social insurance is a social and economic system that provides income or compensation for those who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons. The social insurance plan is organized by the government, forcing a certain group to use part of its income as social insurance tax (fee) to form a social insurance fund. Under certain conditions, the insured can get fixed income or loss compensation from the fund. It is a redistribution system, and its goal is to ensure the reproduction of material and labor and social stability. The main items of social insurance include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.

The main differences between social insurance and commercial insurance;

1, achieving different purposes.

Social Security Social insurance is the basic guarantee for members of society when necessary, while non-profit commercial insurance is the commercial operation of insurance companies, aiming at profit.

2, the implementation is different.

Social insurance is compulsory according to national legislation, while commercial insurance follows the principle of "freedom of contract" and is voluntarily insured by enterprises and individuals;

3. The subject and object of implementation are different.

Social insurance is raised, managed and distributed by special institutions set up by the state, targeting social members within the legal scope; Commercial insurance is managed by insurance companies, and the applicant can be anyone who meets the underwriting conditions;

4. Different protection levels.

Social insurance provides the most basic guarantee for the insured, which is higher than the social poverty line and lower than 50% of the average social wage. The level of protection provided by commercial insurance depends entirely on the agreement of both parties and the amount of premium paid by the insured. As long as the insured meets the insurance conditions and has a certain ability to pay, he can get a high level of protection.

To sum up, we can know that 16 years old can buy social security. As a non-profit social security system, social security is obviously different from commercial insurance, which I believe you can understand through the article.

legal ground

Article 15 of the Labor Law prohibits employers from recruiting minors under the age of 16. Then the employer can recruit people over the age of 16. According to Article 4 of the Social Insurance Law, "Employers and individuals in People's Republic of China (PRC) shall pay social insurance premiums according to law." In other words, it can be understood that as long as the unit recruits, it should pay social insurance premiums according to law.