How old can employees not buy social security?

Workers who have paid for fifteen years at the statutory retirement age may receive a basic pension on a monthly basis without paying social security.

1. According to Article 16 of the Social Insurance Law of People's Republic of China (PRC), individuals who participate in the basic old-age insurance will receive the basic pension on a monthly basis when they reach the statutory retirement age and have paid the accumulated contributions for fifteen years;

(1) Individuals participating in the basic old-age insurance who have paid less than fifteen years when they reach the statutory retirement age can receive the basic pension on a monthly basis until they reach fifteen years;

(2) Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, and enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.

2. Individuals who participate in the basic medical insurance for employees will not pay the basic medical insurance premium after retirement and enjoy the basic medical insurance benefits in accordance with the provisions of the state, if the accumulated payment reaches the fixed number of years stipulated by the state when they reach the statutory retirement age; 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;

3, to participate in the basic old-age insurance of individuals, due to illness or non-work-related death, their survivors can receive funeral grants and pensions; Persons who have completely lost their ability to work due to illness or non-work-related disability before reaching the statutory retirement age can receive disability allowance. The required funds are paid from the basic old-age insurance fund.

Extended data:

1. The state establishes a normal adjustment mechanism for basic pensions. According to the average wage increase and price increase of employees, the basic old-age insurance treatment level will be improved in a timely manner. If an individual is employed across the overall planning area, his basic old-age insurance relationship will be transferred with him, and the payment period will be calculated cumulatively. When an individual reaches the statutory retirement age, the basic pension is calculated in stages and distributed uniformly. The specific measures shall be formulated by the State Council;

2. 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 identity number;

3. The employing unit or individual may apply for administrative reconsideration or bring an administrative lawsuit against the social insurance agency for failing to register social insurance, verify social insurance premiums, pay social insurance benefits, handle social insurance transfer and connection procedures or infringe upon other social insurance rights and interests according to law.

People's Government Network-People's Republic of China (PRC) Social Insurance Law