How much is the old-age insurance for 15? How long can I get a pension?

Endowment insurance is one of the five social insurances. I believe many friends are curious about how long it will take for the old-age insurance to receive retirement pension, and how much premium to pay during this period. So today I will show you how much the old-age insurance of 15 costs. How long can I get a pension?

1. How much is 15 endowment insurance?

The payment grade of rural social endowment insurance ranges from 200 yuan to 2000 yuan per year. In other words, you can choose to pay according to your financial ability. If you choose 200 yuan every year. Then 15 years later, you need to pay a total of 3000 yuan. If you choose to pay 2000 yuan, 15 will pay 30000 yuan.

Old-age insurance for urban employees is paid jointly by enterprises and employees, and the basic old-age insurance for individual insured personnel needs to be paid by myself. Enterprises pay 20%, and employees pay 8%. The payment base is the average salary of employees last month. At present, the minimum payment base of each city is different, which is about 2,000 to 3,000 yuan, so it will be paid to 500 yuan in one month, which is about 5,000 yuan a year.

Second, how long can I get a pension?

If the insured reaches the legal retirement age (55 years for women and 60 years for men) and the accumulated payment time of old-age insurance reaches fifteen years, he can receive the basic pension on a monthly basis after going through the retirement formalities.

Pension insurance can only be collected after fifteen years of payment, and can only be collected after reaching retirement age. The amount of pension received by workers after retirement is directly related to their wage income and payment during their work, and the principle of paying more and getting more is pursued.

Third, how is the pension calculated?

Pension calculation formula: monthly pension = monthly basic pension+monthly personal account pension.

Among them, the monthly basic pension is linked to the average monthly salary of all employees in the province in the previous year. The higher the average monthly salary of all employees, the more money they can get. For details, please look at the relevant data report.

Personal account pension depends on personal account balance. The longer the payment time, the more money you pay, and the more pensions you have in your personal account.