Job Recruitment Website - Social security inquiry - Can I buy social security at the age of 59?

Can I buy social security at the age of 59?

You can still buy social security at 59.

1. According to national regulations, after men reach 60 years old and women reach 50 years old, they can no longer purchase social security;

Therefore, 59-year-old men or women can still buy social security before reaching the above age limit.

2.59-year-old personnel who have reached the statutory retirement age and have paid less than fifteen years in total can choose to make up the payment for fifteen years in order to receive the basic pension on a monthly basis.

3. For the 59-year-old who has established labor relations and has not retired, the employer will continue to apply for social security and pay social security fees according to law;

Individuals can also pay social security fees by themselves according to regulations.

4. After reaching the statutory retirement age, if the accumulated payment is less than fifteen years, you can apply for a new rural social endowment insurance or urban residents' social endowment insurance transferred to the domicile.

Social security payment period:

1, payment period of basic old-age insurance: generally, the insured person is required to pay 15 years or more to receive the pension at the statutory retirement age;

2. Payment period of basic medical insurance: There is usually no clear minimum payment period, and you can enjoy medical insurance when you join the insurance;

3. Payment period of unemployment insurance: Generally, the insured person is required to have a certain number of payment months before unemployment to receive unemployment insurance benefits;

4. Payment period of work-related injury insurance: you can enjoy the treatment of work-related injury insurance after joining the insurance, and you don't need to reach the minimum payment period;

5. Payment period of maternity insurance: Female insured persons need a certain number of payment months before giving birth to enjoy maternity insurance benefits.

To sum up, 59-year-old people can still buy social security. If the accumulated contribution is less than 15 years, they can pay back 15 years before they can receive the basic pension. For the 59-year-old who has established labor relations and has not retired, the employer should continue to apply for social security and pay for it, and individuals can also pay by themselves. After reaching the statutory retirement age, if the accumulated payment is less than fifteen years, you can apply to transfer to the new rural social endowment insurance or urban residents' social endowment insurance.

Legal basis:

People's Republic of China (PRC) social insurance law

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.