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Can women buy social security at the age of 55?
According to the Social Insurance Law of People's Republic of China (PRC), social insurance includes five items: endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance. Among them, the object of endowment insurance is citizens who have reached 16 years of age but have not reached the statutory retirement age. So women can still buy social security when they are 55 years old.
The choice of 55-year-old women to purchase social security;
1. Delayed retirement: If the female social security contribution is less than 15 years, she can choose to delay her retirement and continue to pay social security at her job until the payment is over 15 years. Delayed retirement can continue to accumulate social security payment years, so that you can receive the corresponding pension after retirement.
2. One-time payment: According to relevant regulations, some 55-year-old women who have not paid social security 15 years can choose to pay in one lump sum. These include those who have not paid their insurance contributions after five years' extension before July 1 2022, and the educated youth who went to the countryside from 1962 to 1982.
3. Transfer to the old-age insurance for urban and rural residents: Women who have reached the age of 55 and have not paid 15 years of social security can choose to transfer to the old-age insurance for urban and rural residents. In this way, if the conditions are met, you can continue to pay the endowment insurance premium and receive the corresponding endowment insurance benefits.
To sum up, women can still buy social security at the age of 55, and they can choose to buy social security projects such as endowment insurance and medical insurance. Buying social security needs to meet certain conditions, such as reaching the age of 16 and not reaching the statutory retirement age, and having a stable source of economic income. After purchasing social security, women can enjoy corresponding social insurance benefits, such as receiving basic pension on a monthly basis and reimbursing medical expenses.
Legal basis:
People's Republic of China (PRC) social insurance law
Article 16
Citizens who have reached the age of 16 and have not reached the statutory retirement age have the right to participate in social insurance, and the employer and I shall jointly pay social insurance premiums in accordance with state regulations.
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