How can I renew my insurance if I don't buy full social security at the age of 50

I didn't buy full social security at the age of 50. The following are economical and effective renewal methods:

1. Priority is paid by the enterprise.

For paying endowment insurance, my suggestion is to give priority to enterprises that can pay social insurance. After signing the labor contract, the enterprise must pay social insurance, which is the obligation stipulated in the Social Insurance Law. Take the old-age insurance as an example, the individual contribution accounts for 8% of the base, and the unit generally pays about 20%, which seems to be very cost-effective. In addition, the unit will also pay medical, work injury, maternity and unemployment insurance, so it is necessary to give priority to finding a company to work, even if the salary is lower, social security is equivalent to invisible salary.

Some people may say that it is difficult for young people to find jobs at the current employment rate, not to mention that they are in their 50 s and can't find a company to accept them. Never mind, you can pay according to flexible employees.

2. Flexible employees should pay in this way.

Flexible employees do not need to pay work-related injury, maternity and unemployment insurance, but only need to pay one or two kinds of insurance, and endowment insurance is the first choice.

(1) Pay according to the minimum base.

Some people don't understand why it is suggested to pay according to the minimum base when it is obvious that they have overpaid. Because according to the current pension algorithm, the average contribution base in the basic pension is averaged by 1 and then multiplied by the corresponding number (see the last encyclopedia for introduction).

(2) Grasp the time to apply for social security subsidies.

The social security subsidy here mainly refers to the "4050" social security subsidy. It is a policy of benefiting the people formulated by the state to encourage women over 40 and men over 50 to continue to pay social security during the period of flexible employment.

To sum up, the pension amount of urban and rural residents' pension insurance is far lower than that of flexible employees and even lower than that of urban employees' pension insurance. Therefore, in this case, if you can pay two kinds of endowment insurance for urban workers, you should pay it. If not, it is necessary to pay endowment insurance for urban and rural residents.

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.

Article 27

Individuals who participate in the basic medical insurance for employees, who have reached the statutory retirement age and accumulated contributions have reached the number of years stipulated by the state, will no longer pay the basic medical insurance premium after retirement and enjoy the basic medical insurance benefits in accordance with state regulations. Those who have not reached the fixed number of years prescribed by the state may pay the fees to the fixed number of years prescribed by the state.