Social security to pay 500 to 60 years old can receive how much money?

Legal analysis: If you pay 500 yuan per year, you can receive a pension at the age of 60:

Personal account: 500 × 15 = 7,500 yuan

Financial subsidies: 60 × 15 = 900 yuan

Individual account pension (men and women uniformly divided by 139): (7,500 + 900 + interest) ÷ 139 about = 65 yuan

Pension composition:

State base pension: 55 yuan

The state base pension: 55 yuan

The state base pension: 55 yuan

Account pension: 65 yuan

Pension Composition:

State Basic Pension: 55 yuan

Personal Account Pension: 65 yuan

Social Collective Subsidy: 40 yuan (the subsidy varies from place to place)

Then, at the age of 60, the pension will be: 55+65+40=160 yuan/month

Legal Basis: The Law on Social Insurance of the People's Republic of China

Legal Basis: The Social Insurance Law of the People's Republic of China

Law: The Social Insurance Law of the People's Republic of China

Article 11: Basic pension insurance is a combination of social coordination and individual accounts. The basic pension insurance fund consists of contributions from employers and individuals and government subsidies.

Article 12 Employing units shall contribute to the basic pension insurance fund in accordance with the proportion of the total wages of their employees as prescribed by the State. Employees shall pay the basic pension insurance premiums in accordance with the proportion of their own wages stipulated by the state and credited to their individual accounts. Individual industrial and commercial households without employees, part-time workers who do not participate in basic pension insurance with their employers, and other flexibly employed persons who participate in basic pension insurance shall pay basic pension insurance premiums in accordance with the state regulations, which shall be credited to the basic pension insurance general fund and individual accounts respectively.

Article 13 The basic pension insurance premiums payable by state-owned enterprises and institutions during the period of deemed contribution years before the employees participate in basic pension insurance shall be borne by the government. In the event of a shortfall in the basic pension insurance fund, the government shall subsidize it.