It is difficult for families to pay social security outside their normal lives, and some elderly people are about to enter retirement age. As long as they meet the relevant conditions, they can apply to the government for this project. The government will not pay directly, but as a guarantor, lend to commercial banks. The loan amount is not high, usually tens of thousands of dollars.

And the money was not paid in cash. But the bank directly helps the applicant pay social insurance. You can even pay in one lump sum.

When applicants or family members reach retirement age, they will begin to receive pensions. Then the reserve and interest of the loan are returned, but the applicant begins to receive the pension at this time.