Job Recruitment Website - Social security inquiry - Is it worth paying social security at 50?

Is it worth paying social security at 50?

Not cost-effective. Because some women retire at the age of 50, China's social security system is that those who have paid for more than 15 years in a row can only receive a monthly pension when they reach retirement age (currently 60 years old for men and 55 years old for women).

1.50 Is it necessary to pay social security?

1, 50 years old needs to pay social security. Defined as follows:

(1) If he wants to participate in social security at the age of 50, his retirement age needs to be 65 to retire normally. In this case, he can only choose to postpone retirement or pay urban and rural residents' insurance as flexible employment;

(2) Although it is a little late to start paying social security at the age of 50, it is still necessary to pay social security. After participating in social security, our pension and medical care can be basically guaranteed. Participating in social security is a precautionary thing, so it is necessary for us to pay social security.

2. Legal basis: Article 16 of People's Republic of China (PRC) Social Insurance Law.

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.

2. What items does the social security card contain?

1, basic old-age insurance; In order to support the elderly, workers can receive pensions when they reach the legal retirement age;

2. Basic medical insurance; Illness is used for medical reimbursement;

3. Work injury insurance; Is an employee injured at work, paying medical expenses or compensating for related work-related injuries;

4. Unemployment insurance; After the employee loses his job, he receives living expenses;

5. Maternity insurance; It is a kind of maternity reimbursement and related treatment for employees.

I hope the above content can help you. Please consult a professional lawyer if you have any other questions.

Legal basis: 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 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.