How can parents provide for the aged without social security?

In the past, we often heard such a saying: "raising children to prevent old age", which means having a son to support himself. Now this concept is out of date, because up to now, giving birth is the same, and more people should have the obligation to honor their parents. As for providing for the aged, most people don't count on their children, but pay social security at work and get a pension after retirement to pay for their living expenses after retirement. Some parents even have generous pensions to support their children. But what if parents are old, for example, 55 years old and have no social security? You can take the following ways:

The first is to pay the basic old-age insurance for employees. My parents are 55 years old and haven't paid the old-age insurance yet. What is the reason? Did you not take part in the work, or did you take part in the work, but the unit did not pay the old-age insurance? If it is the former, we will discuss it later. If it is the latter, then the unit is illegal, because the Social Insurance Law stipulates that units and individuals should pay endowment insurance in accordance with state regulations. If the unit fails to pay endowment insurance to employees, employees can complain to the labor security supervision department and get support. If the old-age insurance is not paid for personal reasons, it is basically impossible to pay it back now, but the unit should pay it instead of paying it, and it can pay it back, and the unit will pay the late fee. If your parents had a job before, but the company didn't pay it, you can pay the basic old-age insurance for employees by providing the basis of relevant work, such as contracts and payrolls. If it reaches 15, then you don't have to pay the old-age insurance, and you can get a pension when you reach retirement age. Those who do not reach 15 can take part in the work and continue to pay endowment insurance; Or continue to pay endowment insurance as a flexible employee until it reaches 15.

Second, pay basic old-age insurance for urban and rural residents. If parents are farmers or used to be farmers and now live in cities and towns, they may not be working, so they have not paid the basic old-age insurance for employees, but they will generally pay the old-age insurance for urban and rural residents. If you don't pay it, you can pay it from now on, or make it up. Because parents are 55 years old, basically reaching retirement age, or coming soon, many places can still make up for it. The payment standard of endowment insurance for urban and rural residents is generally divided into 12 files, namely: 100 yuan, 200 yuan, 300 yuan, 400 yuan, 500 yuan, 600 yuan, 700 yuan, 800 yuan, 900 yuan, 1000 yuan, 1500 yuan and 2000 yuan respectively. You can choose grades according to your own economic situation. Of course, the higher the grade, the higher the pension you can get in the future. But overall, the pension paid by urban and rural residents' pension insurance is much lower than that paid by employees' pension insurance.

Third, annual fixed deposit, financial management and pension. If the basic old-age insurance for employees and urban and rural residents cannot be paid back, the annual fixed deposit can be adopted to guarantee the future old-age insurance. Without a pension, even if you are old, you can only continue to work for the elderly. However, if you had a certain amount of savings in the past, or gradually save it from now on, you can have about 300 thousand deposits before you stop working, you can manage your finances regularly, and you can also ensure that the elderly have a certain monthly income. At present, in some banks, the annual interest rate of time deposits can reach about 13, 500 yuan, and the monthly income is more than 1000, which can still guarantee the basic life in rural areas and some small cities.

Fourth, children are filial to the elderly. If you are old, in poor health, unable to continue working or working, and have little savings, you can only rely on your children's filial piety. After all, parents are 55 years old and children are basically older. They must have worked and earned a certain income. Parents can help their children, do housework and take care of their grandchildren, while children have to bear the needs of their parents. This is also a more traditional way of providing for the aged. There are still many such ways of providing for the aged in many rural areas.

To sum up, if parents are 55 years old, have not paid social security, and want to provide for the aged, the most preferred way is to pay the basic old-age insurance for employees, followed by the old-age insurance for urban and rural residents. No matter what kind of pension insurance, as long as it meets the conditions for receiving pension, you can receive pension for life, and the amount will increase year by year. If you can't pay the old-age insurance, you need to save some money or rely on your children, and you can also achieve the purpose of providing for the elderly, but it is not as stable as the old-age insurance.