How much is Maoming buying social security retirement 4800 a month?

The new rural endowment insurance pays 4800 yuan a year, and you can get it in one month after going through the retirement formalities 15 years.

The calculation of endowment insurance amount is determined according to our payment period, payment grade and account balance. The new rural endowment insurance pays 4800 yuan 15 a year, and only then does it reach the minimum payment period. First of all, your payment period is relatively short, and the annual payment is only 4,800 yuan, so the amount credited to your personal account is relatively small, so you can get 1070 yuan every month after retirement.