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What benefits do you enjoy after paying social security 15 years?
What is the reason for paying social security after 15?
1. The longer the payment time, the higher the payment base and the more money you can get after retirement.
2. While paying social security, the company is also paying. If individuals don't pay, part of the company will also stop. And even if you have paid social security for 15 years, you must pay social security as long as you have not reached retirement age and you work in an enterprise. This is the rule.
3. The amount of pension is related to the local average salary and your social security payment period and base. If your salary is lower than the local average, you have to pay more. Because you only need to pay a little pension insurance at work, you can get a higher pension after retirement.
Legal basis:
Article 16 of the Social Insurance Law of People's Republic of China (PRC) * * * Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid for fifteen years at the statutory retirement age.
Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.
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