Can social security get a pension?

After paying social insurance for 15 years, you can apply for social insurance pension when you reach the statutory retirement age. Both social insurance and the payment period of individual accounts have an impact on the pension insurance benefits, and its essence is to pay more. Those who have paid the social insurance 15 years before retirement age may choose not to continue to pay; But the basic medical insurance needs men to pay for 25 years and women to pay for 20 years. Social security retirement pension = (average monthly salary of local employees in last year+average monthly payment salary of myself) ÷2×[ payment period (including deemed payment period) × 1%]+ personal account storage amount ÷ payment months.

Legal objectivity:

"Social Insurance Law of People's Republic of China (PRC)" Article 16 Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid for fifteen years at 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.