What does monthly social security payment 180 mean?

Hello, your question is about one-time payment of social security. What does 180 months mean? It means one-time payment of social security 180 months. Wholesale payment refers to the premium payment method of paying all insurance premiums in one lump sum. Payment of 180 months means payment of 15 years of social security, and it takes 180 months/12 months = 15 years. If the accumulated payment is less than fifteen years when reaching the statutory retirement age, you can pay for fifteen years, receive the basic pension on a monthly basis, or transfer to the new rural social endowment insurance or urban residents' social endowment insurance, and enjoy the corresponding pension insurance benefits in accordance with the regulations.