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Is it still necessary to pay social security at the age of 50?

The necessity of paying social security at age 50 depends on individual circumstances.

Certain conditions must be met to purchase social security. Women must not be over 40 years old, and men must not be over 60 years old. If the unit has paid five social insurances and one housing fund, just provide the corresponding information. Individual insurance is limited to pension and medical insurance, and local household registration can apply directly.

Local household registration is required to prove long-term residence.

The unit should pay social security in full and on time, and no deferment or reduction of payment is allowed for non-statutory reasons; social insurance premiums for employees shall be withheld and paid by the unit, and the unit must inform the details; self-employed persons without employees, part-time employees, and other flexible employment personnel may pay directly.

Those who have reached retirement age and have paid for 15 years in total will receive pensions on a monthly basis; those who have paid for less than 15 years can pay for 15 years or transfer to other pension insurance to enjoy benefits.

The state protects the rights of citizens through the social insurance system. Employers and individuals pay social security fees in accordance with the law and enjoy the right to inquire payment records.

The government incorporates social security into development plans, raises funds, provides financial support, and supports social security through preferential tax policies.

The basic functions of social security: 1. Pension insurance: provide basic living security after retirement; 2. Medical insurance: reduce the financial burden of medical treatment due to illness; 3. Unemployment insurance: provide a certain living allowance during the period of unemployment; 4. Work-related injury insurance:

Provide medical and financial assistance for work-related injuries; 5. Maternity insurance: protect the basic rights and interests of female employees during childbirth.

To sum up, the necessity for a 50-year-old individual to pay social security fees is closely related to his or her personal situation. Gender, age, employment form, household registration and other conditions need to be considered. At the same time, both units and individuals should pay social security fees in accordance with the law to ensure that they can pay social security fees after reaching retirement age.

To receive pensions, the state protects the rights and interests of citizens through the social insurance system, financial support and preferential tax policies, and promotes the healthy development of social security.

Legal basis: Article 70 of the "Labor Law of the People's Republic of China" The state develops social insurance, establishes a social insurance system, and sets up social insurance funds to protect workers from old age, illness, work-related injuries, unemployment, childbirth, etc.

receive help and compensation.

Article 71 The level of social insurance shall be compatible with the level of social and economic development and social affordability.

Article 72 The social insurance fund shall determine the source of funds according to the type of insurance and gradually implement social pooling.

Employers and workers must participate in social insurance and pay social insurance premiums in accordance with the law.

Article 73 Workers shall enjoy social insurance benefits in accordance with the law under the following circumstances: (1) retirement; (2) illness or injury; (3) disability due to work or occupational disease; (4) unemployment; (5)

Fertility.

After an employee dies, his or her survivors shall enjoy survivor benefits in accordance with the law.

The conditions and standards for workers to enjoy social insurance benefits are stipulated by laws and regulations.

Social insurance benefits enjoyed by workers must be paid in full and on time.