How many grades does social security pay?

The monthly payment standard of social insurance for the insured is divided into four grades: the lowest grade (40%), the first grade (60%), the second grade (80%) and the third grade (100%). If the employer pays social security for employees, or if individuals participate in insurance, they can choose one of the four files stipulated in social security to pay.

Legal objectivity:

"Several Provisions on Implementing the Social Insurance Law of People's Republic of China (PRC)" Article 2 When an individual who participates in the basic old-age insurance for employees reaches the statutory retirement age, if the accumulated payment is less than fifteen years, the payment may be extended to fifteen years. After the implementation of the Social Insurance Law, if the payment is extended for five years but still less than fifteen years, it can be paid in one lump sum for fifteen years.