Hello, I ask, is it still useful to pay social security at the age of 48?

Legal analysis: 48 years old can pay social security, but it is not cost-effective. Because the state has cancelled the social security payment policy, if you start to pay social security at the age of 48, you need to pay at least 15 years of old-age insurance before you can retire and receive a pension. In this way, if you start to pay social security at the age of 48, you can't start to receive a pension until at least 63.

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.