How to buy old-age insurance at the age of 50

You can also buy old-age insurance at the age of 50. If there is a work unit, repayment can be made through the work unit. If there is no work unit and the household registration is in the local town, you can go to the social security center where the household registration is located to make it up. Under normal circumstances, the supplementary social endowment insurance fee is paid according to the current payment standard. If the original social security is blocked, just pay the fee.

Legal objectivity:

Article 16 of the Social Insurance Law: Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis when they reach the statutory retirement age and have accumulated contributions for fifteen years. 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.