Is it cost-effective for a woman to buy social security at the age of forty?

It is cost-effective to pay social security at the age of forty.

1. According to the current regulations, when the statutory retirement age is reached, the contribution of old-age insurance is less than 15 years, and it is necessary to continue to pay until 15 years before retirement and pension can be processed. It is more cost-effective for women to participate in social security at the age of 40, and let women retire at the age of 55 to receive pensions. 40 years old: If you start to participate in insurance at the age of 40, you need to be over 55 years old to pay 15 years, and you just retire.

2. Over 40 years old: those who pay social security after 40 years old will not pay 15 years when they reach retirement age at 55 years old, which needs to be compensated by annual payment or delayed retirement. 45 years old: If Aunt Liu, 45, pays 3,600 yuan a year and retires at the age of 60 after paying 15, then according to the calculation, she can receive more than 10,000 yuan a year, and the money paid will be paid off by the sixth year or so. If the basic pension continued to rise in the future, it would have been faster to pay her back. Over 48 years old: If you start to pay social security for residents at the age of 48, you will not retire until at least 63 years old. The legal retirement age for social security for residents is 60 years old. At this time, everyone has been receiving pensions for several years, and it is not cost-effective to start receiving them yourself. Generally speaking, it is better to plan old-age insurance as soon as possible, because the principle of "pay more and get more" is followed. If you are in your forties and want to have a better economy after retirement, you may wish to consider configuring a commercial endowment insurance for yourself, which not only has flexible payment time and stable income, but also provides protection for your death and gives you a good pension after retirement.

Influence of social security payment period on pension;

1, the longer the payment period, the more accumulated social security contributions;

2. The calculation of pension is usually related to the payment period and payment base, and the short payment period may affect the amount of pension;

3. Some areas have clear provisions on the minimum payment period. If you have not reached the minimum payment period, you may not be able to enjoy normal retirement benefits;

4. The payment period of social security may also affect the reimbursement ratio and treatment of medical insurance;

5. For those who pay social security late, they may need to pay higher social security fees to make up for the unpaid years before;

6. In some cases, due to the insufficient payment period, it may be necessary to postpone the retirement age to meet the conditions for receiving pensions.

To sum up, it is not too late for women to start buying social security at the age of 40. As long as she pays social security 15 years before retirement, she can enjoy the basic pension. If the payment is less than 15 years, it can be paid back to 15 years to ensure that the pension can be collected monthly. In addition, people who have not participated in social security can also make up 15 social security in one lump sum and enjoy retirement benefits.

I hope the above content can help you. Please consult a professional lawyer if you have any other questions.

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

Article 16

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of 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.