Job Recruitment Website - Social security inquiry - Can I buy social security after retirement age?

Can I buy social security after retirement age?

Legal analysis: no, you can't buy social security after retirement age, because the labor contract law clearly stipulates that when workers reach retirement age and enjoy basic old-age insurance benefits according to law, they will no longer be adjusted by labor relations, so they can't buy social security. Social security refers to the five insurances, that is, social insurance. Social insurance is compulsory. According to national laws, as long as the company has employees, the company must buy social insurance for them. Social insurance includes work-related injury insurance, unemployment insurance, maternity insurance, endowment insurance and medical insurance, among which medical insurance, endowment insurance and unemployment insurance are paid by companies and individuals in different proportions, while work-related injury insurance and maternity insurance are paid by units, and individuals do not need to pay. The main purpose of social insurance is to provide the most basic insurance protection for employees. For example, medical insurance can help the insured to solve some medical expenses. The proportion of medical insurance reimbursement in some areas is as high as 90%, which can reduce the economic pressure of the insured.

Legal basis: Article 44 of the Labor Contract Law of People's Republic of China (PRC) * * * The labor contract shall be terminated if the laborer starts to enjoy the basic old-age insurance benefits according to law.

Article 16 of the Social Insurance Law of People's Republic of China (PRC) * * * Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid for fifteen years at 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.