Can residents over 60 still pay social security?

People over 60 can also pay social security for residents.

1. After stopping payment, you will no longer enjoy the right to reimbursement of hospitalization expenses, and the medical expenses that could have been reimbursed will no longer be compensated;

2. You will not be able to use the security card when purchasing drugs, and the expenses will be borne by yourself;

3. Payment records will be affected. After the payment is interrupted, it may be difficult to renew the payment, and additional proof materials need to be provided.

Social security payment period:

1, and the social security payment period refers to the length of time for individuals to participate in social insurance and pay social security fees monthly;

2. Different types of social security (such as endowment insurance and medical insurance). There may be different payment period requirements, which are usually related to the conditions for receiving corresponding social security benefits;

3. The payment period of endowment insurance directly affects the pension after retirement. Usually, the longer the payment period, the more pensions an individual receives.

4. In some cases, even if the minimum payment period is not reached, individuals may get basic social security benefits according to the relevant policies of the state;

5. For people over a certain age, such as the elderly over 60, whether they can continue to pay social security, whether the payment period has changed, and how to pay, these issues usually need to consult the local social security agency.

To sum up, people over the age of 60 can still pay social security for residents, but once they stop paying, they will lose the right to reimburse hospitalization expenses, cannot use the security card to buy medicines, and their payment records will be damaged, so it may be difficult to submit additional proof materials for renewing social security.

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.