How much can residents' social security get in a month?

It is understood that at least 120 yuan per month.

The pay is increasing every year.

The basic pension is increased by 2 yuan every month.

Residents' pension insurance benefits are composed of basic pension and personal account pension, which are paid for life.

The monthly standard of basic pension is 120 yuan. Residents who have paid the insurance premium for 15 years will receive the basic pension 2 yuan every month for each increase of 1 year.

At the age of 60, he began to receive a pension.

It should be understood that at least one of the following conditions is required:

When these measures are implemented, people aged 60 or above;

Urban residents aged 60 and above who have moved from other places to this city for two years can receive pensions according to the provisions of the Measures. When these measures are implemented, people aged 45 and above shall pay the annual fee until they reach the age of 60 (including supplementary payment);

When these Measures are implemented, persons under the age of 45 shall pay the annual fee, with the payment period of 15 years or more (including overdue payment) and at least 60 years old. People over the age of 60 can also receive pensions without paying fees. After the implementation of the Measures, people over the age of 60 will no longer pay fees, and the monthly pension will be 120 yuan.

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