When is the best time for young people to start paying social security?

There is no best age to buy social security. The sooner you buy it, the better.

The so-called social security, personal understanding is the general name of five insurances, namely, endowment insurance, medical insurance, work injury insurance, unemployment insurance and maternity insurance. A person must be at least 20 years old to enter the society after graduating from college, so he must start to pay if he has the ability.

The guy in the news belongs to a special group of people, who suddenly made up 10 years of social security, which is very enviable!

Before graduating from college, I began to pay social insurance when I entered the enterprise during my internship. I'm not yet 30 years old, and I've been paying for it for 9 years. What impressed me the most was that at the age of 26, I was hospitalized because of work-related injuries, and I lost a lot of money in work-related injury insurance, which ensured that I would not be miserable if I lost my job for a short time. This is because of the advantages of buying five insurances and one gold.

Speaking of unemployment insurance with five insurances and one gold, you can use it if the company lays off employees and you are unfortunate enough to win the bid. Father was "bought out" in the business depression of 20 16. This is our local dialect. The whole country doesn't know what to say. Specifically, the company gives you a sum of money, go home! To this end, he applied for unemployment insurance for two years, ensuring that he can pay social security independently in these two years.

Not to mention medical insurance and maternity insurance. The sooner you buy, the sooner you can protect yourself. Only when you are sick, injured and have children can you lose money and spend less money. In addition, the regulations on medical insurance in social security vary from place to place. According to the regulations of my city, you have to pay for 30 years without interruption before you can enjoy insurance after retirement. Finally, it is the endowment insurance that has the greatest relationship with the number of years. The more you pay, the longer you have, and the more money you can get when you retire.

It is understood that basic pension = basic pension+personal account pension+transitional pension, and the specific calculation method of pension is more complicated.

Because the calculation of pension is particularly complicated, many people don't know it, but it is an indisputable fact that the longer the payment time, the more pensions you can get. My mother has been paying five insurances and one gold since she was a child. I spent about 20 years, and broke off diplomatic relations for 2 years from 20 14 to 20 16 due to family reasons. When she retired in 2020, she was told that she could get a monthly pension of 1900+, but if she made it up in these two years, she could get 2300+ every month, so the payment period and amount would affect the amount of the pension.

The above is my understanding of social security, hoping to help more people, thank you!