Job Recruitment Website - Social security inquiry - Female workers can still continue to pay social security when they reach the age of 50
Female workers can still continue to pay social security when they reach the age of 50
The general retirement age for female workers is 50. If you haven't paid insurance before then, you can enjoy the minimum retirement benefits if you make up 15 years of contributions in a lump sum. If you have contributed for less than fifteen years, you can contribute until you reach the full fifteen years and receive a monthly basic pension.
Paying social security has the following effects:
1, promote social harmony and stability. Social security provides employees with medical care, pension, unemployment, maternity and work-related injuries and other aspects of protection, which helps reduce social conflicts and maintain social stability.
2. Reduce the burden of enterprises. Social security for employees to provide economic support, such as medical insurance to reduce the risk of poverty due to illness, maternity insurance to reduce the cost of childbirth, unemployment insurance for unemployed employees to provide a basic livelihood security, work-related injuries to provide economic compensation for employees injured at work.
3. Enhance employee loyalty. Social security for employees to provide psychological security, enhance the sense of belonging to the enterprise and loyalty, and then improve the enthusiasm of employees.
4. Promote stable economic development. Through the redistribution mechanism, social security adjusts the income distribution, which contributes to the reasonable distribution of social resources and promotes the long-term stable development of the economy.
5. Personal economic gain. Social security payments not only provide protection for employees, individuals in the payment of social security at the same time, can also obtain a certain amount of economic gains, such as housing fund, pension, etc..
6, to meet the conditions of the purchase of housing, car and so on. In some areas, social security payment time to meet certain requirements is a necessary condition for the purchase of housing, car and other social activities.
7. Children's education. In some areas, foreign children in the local education usually require parents to pay a certain period of time in the local social security.
In summary, female workers can still pay social insurance after reaching the age of 50.
Legal basis:
The Social Insurance Law of the People's Republic of China
Article 16
Individuals who have participated in basic old-age pension insurance shall receive a basic pension on a monthly basis, provided that they have accumulated fifteen years of contributions by the time they reach the legal retirement age.
Individuals who have participated in basic old-age insurance and have accumulated less than fifteen years of contributions when they reach the statutory retirement age may contribute until they reach the full fifteenth year and receive a basic pension on a monthly basis.
It can also be transferred to the new rural social pension insurance or urban residents' social pension insurance, and enjoy the corresponding pension insurance treatment in accordance with the provisions of the State Council.
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