47 years old can still buy social security

47 years old is able to pay pension insurance, as long as the payment of 15 years can be. First, the cumulative contribution period of 10 or 15 years or more, and reached the legal retirement age, you can enjoy the pension benefits, social security, including: old age, medical, work injury, unemployment, maternity insurance. Second, the social security insurance must meet the labor law and other age requirements on the employment of workers: 1, the minimum: as under 16 years of age of child labor, naturally can not participate in social security, as a minor worker (16 years of age, under 18 years of age, the position should be in line with the "special protection of juvenile workers," the relevant provisions of the "provisions of the"), it is possible to participate in the insurance. 2, the maximum limit: more than the statutory retirement age (male 60 years old, female cadres 55 years old), female workers 50 years old). The maximum: over the legal retirement age (60 years old for men, 55 years old for women cadres, 50 years old for women workers) can not participate in the employee social security. Expanded information: social security in the pension, for example, the basic pension formula is as follows: basic pension basic pension personal account pension transitional pension one year before retirement the city's average monthly salary of employees × 20 (less than 15 years of contributions according to 15) personal account principal and interest and ÷ 120 indexed average monthly salary × the end of 1997 before the end of the number of years of contributions × 1.4. 1, the enterprise in the workforce The basic pension of the basic pension individual account pension transitional pension one year before the retirement of the city's average monthly salary of employees × 20 (15 for those with less than 15 years of contributions) personal account principal and interest and ÷ 120 indexed average monthly salary × the number of years of contributions before the end of 1997 × 1.4.2. The basic pension for "newcomers Basic pension individual account pension. The basic pension is calculated as 20% of the average monthly salary of the employees in the city in the previous year at the time of retirement, and the individual account pension is calculated by dividing the amount stored in the account by 120. Note: Due to objective reasons, the calculation standard may be different in some cities across the country.