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Is there any property allowance for retirees?
Legal analysis: The law does not stipulate that retirees should pay property fees. Even on-the-job employees have no legal treatment.
Legal basis: Article 15 of the Social Insurance Law of People's Republic of China (PRC) consists of overall pension and individual account pension.
The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.
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