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How long is the social security payment period?

Social security payment period: If the endowment insurance is fifteen years, if the insured has paid the endowment insurance for 15 years, the basic pension will be paid monthly after retirement. The social security payment period refers to the accumulated years that employers and employees pay social insurance premiums such as pension, medical care and unemployment in accordance with regulations, and is one of the bases for calculating social insurance benefits.

legal ground

Article 16 of People's Republic of China (PRC) Social Insurance Law

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age.

Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.