What is the new policy of one-time buyout of social security?

Legal analysis: social security is a one-time buyout, not to say that you can buy it. For the vast majority of people, assuming that they have reached retirement age and have not paid 15 social security or 25-year medical insurance, they can only postpone retirement and choose to pay back. However, the 202 1 social security one-time buyout policy meets three groups of people, and the threshold of buyout policy is very high, as shown below: the first group of people: retired employees and special employees of state-owned enterprises and institutions. The second group: retirees who have paid social security. The third category: 1962- 1982 retired soldiers or educated youth who went to the countryside. In some places, the buyout policy is different. For example, Shenzhen stipulates that these three types of people can pay 15 years in one lump sum: (1) men are 65 years old and women are 60 years old; (2) 1 June 30, 1998, participated in the endowment insurance for enterprise employees, paid more than 10 years when reaching the retirement age stipulated by the state, and paid more than1year continuously on a monthly basis; (3) Those who participated in the insurance before the implementation of the Social Insurance Law (20 1 1) and paid less than fifteen years after the extension of five years. 202 1 The actual situation of the new policy of social security one-time buyout is slightly different. Please consult the local social security bureau for details.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Article 4 Employers and individuals who pay social insurance premiums according to law in People's Republic of China (PRC) have the right to inquire about payment records and personal rights and interests records, and ask social insurance agencies to provide social insurance consultation and other related services. Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.

Article 58 An employing unit shall, within 30 days from the date of employment, apply to the social insurance agency for social insurance registration for its employees. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay. Employees-free individual industrial and commercial households who voluntarily participate in social insurance, part-time employees who do not participate in social insurance in the employing unit and other flexible employees shall apply to the social insurance agency for social insurance registration. The state establishes a national unified personal social security number. Personal social security number is a citizen's identity number.