How old can I buy social security?

16 years old can buy social security. According to the relevant laws and regulations, the state implements special labor protection for female workers and underage workers. Juvenile workers refer to workers who have reached the age of 16 but not 18. Employees shall participate in the basic old-age insurance, and the employer and employees shall jointly pay the basic old-age insurance premium. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium. The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.

The main differences between social insurance and commercial insurance are as follows:

1, the implementation purpose is different: social security social insurance is to provide basic protection for social members when necessary, not for profit; Commercial insurance is the commercial operation of insurance companies, aiming at profit;

2. Different implementation methods: social insurance is compulsory according to national legislation, while commercial insurance follows the principle of "freedom of contract" and is voluntarily insured by enterprises and individuals;

3. The subject and object of implementation are different: social insurance is raised, managed and distributed by special institutions established by the state, and its object is social members within the legal scope; Commercial insurance is managed by insurance companies, and the applicant can be anyone who meets the underwriting conditions;

4. Different levels of security: social insurance provides the most basic security for the insured, which is higher than the social poverty line and lower than 50% of the average social wage, and the level of security is low; The level of protection provided by commercial insurance depends entirely on the agreement of both parties and the amount of premium paid by the insured. As long as the insured meets the insurance conditions and has a certain ability to pay, he can get a high level of protection.

Legal basis: Article 13 of the Social Insurance Law of People's Republic of China (PRC).

Before employees of state-owned enterprises and institutions participate in the basic old-age insurance, the basic old-age insurance premiums payable during the payment period shall be borne by the government. When the basic old-age insurance fund is insufficient to pay, the government gives subsidies.