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Social Security for Land Expropriation Workers in Shanghai
According to Shanghai's policy, those who have been expropriated for more than 15 years can get a pension without paying social security when they retire, but the amount is relatively small. From July of 1 year, the "town insurance" will be cancelled and the market insurance will be introduced. If you are employed, there should be units and individuals to pay together in proportion. If you are unemployed, you can choose whether to pay or not according to your own economic situation. Of course, the more you pay now, the longer you live, and the more pensions you will have in the future.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.
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