Can foreigners who bought social security in Guangzhou continue to pay if they are over 50 years old and under 10?

Foreigners who have bought social security in Guangzhou have reached the age of 50, and those who have not reached the age of 10 can continue to pay.

Social security must be paid 15 years because:

1, social security can only be paid for 15 years before you can receive a pension;

2. After paying 15 years, it can be paid continuously. The longer the payment period, the more pensions you receive when you retire;

3. It is best to pay continuously, and discontinuity will affect retirement wages;

Those who have not reached retirement age and have not paid social security contributions for 15 years can continue to pay, and those who have reached the statutory retirement age and paid accumulated contributions for 15 years will receive basic pensions on a monthly basis.

If the accumulated payment is less than fifteen years when reaching retirement age, it can be paid in one lump sum for fifteen years, or it can be transferred to the new rural social endowment insurance or urban residents' social endowment insurance.

Article 10 of the Social Insurance Law of People's Republic of China (PRC) * * * Employees shall participate in the basic old-age insurance, and both employers and employees shall 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.

Article 12 The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of employees stipulated by the state and record it in the basic old-age insurance pooling fund.

Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.

Sixteenth individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have accumulated contributions for 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.