My mother is 53 years old this year. She is a non-rural hukou. She is from Zixing, Hunan. She said that when she bought social security, she had sex for 49 thousand at a time.

First of all, there is endowment insurance in social security. Commercial insurance companies like ours are AIA, China Life Insurance and China Ping An. These companies also have endowment insurance. But these two are different. If someone from the social security office told you this, it should be a one-time payment of the social security pension that was not paid before retirement. This kind of pension can be collected after retirement until the person is gone. The kind of pension provided by insurance companies is to receive 500 yuan money every month from the age of 55, which can be 10 or 20 years, depending on how many years are stipulated in the insurance contract.