Can my father buy social security now that he is 55 years old? If you can buy it, how much will you pay a year and when will you get your pension?

Current legal retirement age: female: workers are 50 years old; Managers are 55 years old, and the retirement age of freelancers is implemented according to local regulations.

Your mother is 55 years old. Generally speaking, she can no longer pay social security for urban workers. Because the old-age insurance must be paid 15 years to receive the pension.

What you can do at present, I suggest you have a look:

1, if it is an urban hukou, you can participate in urban residents' medical insurance, which can be handled in the neighborhood Committee. Payment 1 year 1 year also belongs to the social security category, and the cost is not high, but it can reduce the burden on families when diseases occur.

2. If you are a rural hukou, you should first consider participating in the new rural cooperative medical system. The older you get, the higher the probability of medical risks. The annual cost of the new rural cooperative medical system is 20-50 yuan. However, hospitalization can reduce the economic burden and is a welfare social security policy widely covered by the state. Secondly, it is the new rural endowment insurance. This policy is being tried out in our country. We should ask the local village committee whether it has been implemented. If it has been implemented, then join it quickly. Generally 200-300 yuan a year. Of course, local policies are different. If it has not been implemented, it will have to wait.

For commercial insurance, it is too late to buy critical illness insurance (most insurance companies can't buy critical illness insurance after 55) and endowment insurance at this age. Even if some companies can buy it, the cost will be high. If the family's economic conditions are not good, it is recommended not to consider it. The cost of critical illness and critical illness insurance is relatively high, because the risk of medical diseases after this age is already high. A physical examination is generally required. If you fail to pass the physical examination, you will either refuse insurance, or pay extra for insurance, or you will not be insured for existing diseases. The simplest and most effective combination of my advice to your mother is: whole life insurance+accident insurance, in which accident insurance is divided into accidental injury and accidental medical treatment, and accident insurance is generally 200-300 yuan a year, which is a kind of insurance with high minimum premium.

I want to remind you that as a child, you should seriously consider the following insurance plans. Now you are mother's greatest protection. Moreover, in another sense, you should not want your children to worry about such problems at this age.

General principles for purchasing commercial insurance:

1, adults first, children second (parents are children's greatest protection. Buy insurance, don't reverse your priorities. The same is true of the inheritance style. Everyone wants to give more to their children. But only with insurance can we fully protect ourselves, which is the embodiment of loving children. )

2. Guarantee first, then manage money.

3. The insurance sequence is general; Accidental medical treatment, serious illness education, and old-age care (investment and financial management)

4. Annual premium expenditure 10- 20% of annual income.

5. There is no need to buy it all at once. Accident insurance can be bought by the whole family. Others should be bought by the family first, and then gradually improved according to economic conditions.

Insurance, like dressing, must be tailored. In order to obtain a scientific and reasonable insurance plan, it is suggested that you refer to the above insurance rules, and publish your insurance requirements anonymously according to the set scientific process through the "insurance bidding" function of the third-party insurance intermediate station (which does not belong to any insurance company and does not sell any insurance products), so that you can obtain insurance plans customized for you by different agents of major local insurance companies, compare and choose objectively by yourself, and actively choose what you like without being unnecessary.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.