I am 40 years old, can I still pay social security?

As we all know, the old-age insurance in social security is to calculate the cumulative payment period. As long as the payment period reaches 15 years, you can enjoy retirement pension security. For women who have reached the age of 40, they will start to pay social security at the age of 40, and by the age of 55, the social security payment will reach 15 years. The legal retirement age of female employees with flexible employment is 55, so for women, social security is paid at the age of 40.

For men, the legal retirement age of men is 60, so when you start to participate in social security at the age of 40, you still have at least 20 years of accumulated payment years. The longer the payment period, the more pension you will receive after retirement, so it is not too late for a 40-year-old man to have sex with social security.

Of course, in the process of enrollment, you need to pay both endowment insurance and medical insurance, and medical insurance can also enjoy retirement benefits. At least the accumulated payment period of general medical insurance needs to reach 25 years to enjoy lifelong medical insurance. Obviously, both women and men began to pay social security at the age of 40. By retirement age, the accumulated payment period of medical insurance was not satisfactory, but medical insurance was allowed to be paid in one lump sum. You can make up all the expenses of the remaining payment period of medical insurance at one time before the early retirement age, and of course you can choose to pay back the medical insurance every year.

In addition, for older flexible employees, the state also has certain subsidy policies, such as 4050 social security subsidies. Flexible employees can apply for social security subsidies as long as women are over 40 years old and men are over 50 years old, and they are identified as people with employment difficulties. The subsidy period is generally three years, and the subsidy amount usually does not exceed two-thirds of the payment amount. Therefore, people who participate in flexible employment should pay attention to it, and it is best not to miss the opportunity to apply for subsidies.