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How big can social security buy?
Women are 50 years old and men are 60 years old. Before this age, they can buy social security until 16 years old. After the normal retirement age, you can no longer participate in insurance. The retirement age is 60 for men and 50 for women.
Payment period 15 years is only the minimum requirement for receiving pension insurance benefits on a monthly basis. As long as there is a labor relationship with the enterprise and it meets the conditions for participation, it should continue to participate in the insurance according to law.
Everyone will come into contact with social security at work, and the amount of social security payment has a certain relationship with the region where their salary level is located. Individuals and units must pay social security according to law. Social security can be used for many purposes, besides endowment insurance and medical insurance, there are also maternity insurance, work injury insurance and unemployment insurance.
Generally, only people who reach the legal age can buy social security, but they can't buy social security when they reach retirement age, and everyone's social security base is different, but social security follows the concept of paying more and getting more, and social security is a very important security system in China.
Legal basis: social security clauses in People's Republic of China (PRC) Social Insurance Law.
Article 2 The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to receive material assistance from the state and society in accordance with the law in case of old age, illness, industrial injury, unemployment and maternity.
Article 3 The social insurance system adheres to the principles of wide coverage, basic protection, multi-level and sustainability, and the level of social insurance should be compatible with the level of economic and social development.
Article 4 Employers and individuals who pay social insurance premiums according to law in People's Republic of China (PRC) have the right to inquire about payment records and personal rights and interests records, and ask social insurance agencies to provide social insurance consultation and other related services.
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