Is it too late to pay social security at 40?

Legal analysis: it is not too late to pay social security for residents at the age of 40. There are only two insurances for residents' social security: residents' endowment insurance and medical insurance. The retirement age of residents' pension insurance is 60 for both men and women, so it can be paid at the age of 40 and can be paid for 20 years. In addition, at present, the old-age insurance for residents can usually be paid in one lump sum, that is to say, even if you have reached retirement age and have not paid the old-age insurance for residents, you can generally pay it directly in one lump sum. As for residents' medical insurance, there is no need to worry about the cumulative number of years, because one year is paid and one year is enjoyed. Social insurance shall be paid as follows: 1. Workers who purchase social insurance through employers shall be withheld and remitted by employers. After withholding, the employing unit shall inform it of the details of paying social insurance premiums on a monthly basis; 2. Workers who voluntarily participate in social insurance can pay social insurance premiums directly to social insurance premium collection agencies. Employee pension insurance is usually not allowed to be paid in one lump sum, and only qualified individuals can pay in one lump sum. Therefore, if the retirement age is 50, the social security will not be paid until the age of 40, which will not reach the fixed number of years of 15. It is usually necessary to postpone retirement until the payment reaches 15.

Legal basis: 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. Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.