Can social security be paid in one lump sum?

Social security can be paid in one lump sum.

1, if the payment is over five years, it can be paid in one lump sum to 15 years;

2. If the payment is less than five years, the payment period can only be extended to 15 years, or transferred to the new rural social endowment insurance or urban residents' social endowment insurance;

3. Social security can be paid for up to two years, and you can continue to enjoy social security benefits after payment;

4. Under certain conditions, such as over 60 years old, educated youth in rural areas and retirees of 20 1 1 year, they can be paid in one lump sum;

5. Long-term diplomatic relations, not paid for fifteen years before retirement, eligible for a one-time payment;

6. One-time payment targets include those who have not participated in endowment insurance or paid fees, and need to hold local household registration, and their working years are before 2011July.

Social security payment conditions:

1. Supplementary social security must conform to local social security policies;

2 individuals and units can apply for payment, but the unit must agree and handle it;

3. Usually only the latest unpaid month can be paid, and the specific period is stipulated by the local authorities;

4. While paying the overdue fine, pay the unpaid amount and the corresponding overdue fine;

5. Some areas may require reasonable reasons or supporting materials;

6. After payment, the individual social security account will update the payment record and payment month.

To sum up, social security can be paid in one lump sum, and people who meet certain conditions can pay social security fees in one lump sum and enjoy social security benefits. The supplementary period can be extended to 15 years, or transferred to other endowment insurance. The longest overdue period is two years, and the elderly over 60 years old, educated youth in rural areas and retirees of 20 1 1 year can also make a one-time overdue payment. Eligible persons who have not participated in endowment insurance or paid fees must hold local household registration and work before 20 11July1.

Legal basis:

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

Article 62

If the employer fails to declare the amount of social insurance premiums that should be paid according to the regulations, the amount that should be paid shall be determined according to 1 10% of the amount paid by the unit last month; After the payment unit completes the declaration procedures, the social insurance fee collection agency shall make settlement in accordance with the provisions.