Is it worthwhile to pay social security at the age of 53?

Not cost-effective. According to China Social Security Service Center, it is not cost-effective to pay social security at the age of 53. As a 53-year-old man, he has never participated in the basic old-age insurance, so the establishment of employee old-age insurance is actually relatively late. Employees' pension insurance needs to be paid for more than 15 years before they can retire and enjoy this pension. Starting to pay this basic old-age insurance at the age of 53 means that he can retire at the age of 68, so it is not cost-effective. Social insurance refers to a social and economic system that provides income or compensation for people who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons.