How to buy 48-year-old social security

Legal analysis: if you have never participated in social security before, when you want to participate in social security at the age of 48, you can only choose urban and rural residents' pension insurance, but you can't participate in employee pension insurance. According to the Regulations on Employees' Endowment Insurance, only these three types of people can make up the payment: rural educated youth with local household registration, elderly people with local household registration who have retired from social security, and people who have worked in state-owned enterprises or institutions. Moreover, it is necessary to meet the record of paying back money before the age of 45. Except for the above three types of people, others need to pay fees year by year until the accumulated endowment insurance reaches 15.

Legal basis: According to Article 16 of the Social Insurance Law, individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis when they reach the statutory retirement age and have paid the accumulated contributions for 15 years. 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.