Can social security be paid back in one lump sum 15 years now?

In addition to reaching retirement age, the condition for receiving a pension is that you have to pay social security 15 years before you can apply. Previously, it was allowed to pay off social security in one lump sum. The country is not limited to people of any age, as long as people who have not reached retirement age want to pay off 15 social security in one lump sum. However, this year's situation is different. Starting from 20 19, people over 45 years old are no longer allowed to pay social security in one lump sum. Therefore, citizens who are not fully covered by social security at the age of 50 should pay attention. It is estimated that it is impossible to pay social security in one lump sum, but the specific policy has not yet been introduced. Therefore, before citizens want to pay social security in one lump sum, they still have to go to the Human Resources and Social Security Bureau to ask for detailed information.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 12 The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of employees stipulated by the state and record it in the basic old-age insurance pooling fund.

Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.

Twenty-third employees should participate in the basic medical insurance for employees, and the employer and employees should jointly pay the basic medical insurance premiums in accordance with state regulations.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic medical insurance for employees and other flexible employees can participate in the basic medical insurance for employees, and individuals pay the basic medical insurance premium in accordance with state regulations.

Article 35 The employing unit shall pay the work-related injury insurance premium according to the total wages of employees and the rate determined by the social insurance agency.

Article 44 Employees shall participate in unemployment insurance, and employers and employees shall jointly pay unemployment insurance premiums in accordance with state regulations.

Fifty-third employees should participate in maternity insurance, the employer should pay maternity insurance premiums in accordance with state regulations, and employees do not pay maternity insurance premiums.