Can I pay social security in one lump sum before the age of 60?

Social security can be paid in one lump sum before the age of 60.

1. If the accumulated payment is less than fifteen years when reaching the statutory retirement age, the payment can be made for fifteen years and the basic pension can be received monthly;

2, can 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;

3, did not reach the prescribed period of time, can be paid to the prescribed period of time;

4. Inquire through official website of Human Resources and Social Security Bureau, call the service number of the Social Security Bureau or bring my ID card, medical insurance card or social security card to the business handling hall of the local social insurance agency.

Payment rules of social security:

1, payment period: the payment period of social security is usually linked to the retirement age, and different regions may have different regulations;

2. payment base: the payment base of social security is generally based on the average salary of the individual in the previous year;

3. Payment ratio: units and individuals pay social security fees according to a certain proportion, depending on local policies;

4. Payment type: Social security includes endowment insurance, medical insurance, unemployment insurance, industrial injury insurance, maternity insurance, etc.

5. Payment policy: some areas are allowed to pay social security under certain conditions, and the payment period and amount are limited by relevant policies;

6. Payment channels: Social insurance premiums can be paid through official channels such as banks and social security bureaus.

To sum up, social security can be paid in one lump sum before the age of 60. Those who pay less than 15 years when they reach the statutory retirement age can continue to pay until 15 years, or they can be transferred to other old-age insurance to enjoy the corresponding treatment. Those who do not reach the prescribed period can continue to pay until the prescribed period. Inquiries can be made through the official website of the Human Resources and Social Security Bureau, by calling the service number or by the local social security agency.

Legal basis:

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

Article 16

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.