Can social security be paid in one lump sum?

Social security can be paid in one lump sum.

To pay social security, you need to go to the local social security bureau to inquire about your social security arrears, and then choose one-time payment or installment payment according to the amount and time of arrears. If you choose to pay in full in one lump sum, you need to bring relevant proof materials (such as the resignation certificate and salary table issued by the unit) and the amount of arrears to the social security service agency for payment procedures. After payment, the Social Security Bureau will check the information and go through the relevant procedures. The social security fees paid will be included in the personal social security payment period, which will have a positive impact on personal social security benefits.

The social security payment period is stipulated as follows:

1, the cumulative payment period of medical insurance (including the deemed payment period and actual payment period in this city) shall be 30 years for men and 25 years for women;

2. The social insurance plan is organized by the government, forcing a certain group to use part of its income as social insurance tax to form a social insurance fund, from which the insured can obtain fixed income and loss compensation;

3. Pay the basic old-age insurance premium 15 years and the basic medical insurance premium for 20 years in the same city. When retiring, it will be calculated according to the standard of the city where the payment is made;

4 to participate in the basic old-age insurance, individuals who have reached the statutory retirement age and accumulated contributions for fifteen years, receive the basic pension on a monthly basis.

To sum up, there may be late fees and other expenses when paying social security. It is recommended to know the relevant regulations in advance so as not to affect your payment plan.

Legal basis:

Article 4 of People's Republic of China (PRC) Social Insurance Law

Employers and individuals in People's Republic of China (PRC) pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights records, and require 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 16

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age.

Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.