Job Recruitment Website - Social security inquiry - Wuhan has the lowest social security at present. How much pension can I get after paying 15 years?
Wuhan has the lowest social security at present. How much pension can I get after paying 15 years?
According to the provisions of the Social Insurance Law of People's Republic of China (PRC), when individuals participating in the basic old-age insurance reach the statutory retirement age, they must pay accumulated contributions for 15 years, go through retirement procedures and receive the basic pension on a monthly basis.
The legal retirement age for women is 55 and that for men is 60, and they receive social security pensions according to these two age groups. In contrast, the collection time of commercial endowment insurance is much more flexible, providing a variety of choices of collection time, which can be changed before the collection begins.
Extended data:
People's Republic of China (PRC) social insurance law
Article 1 This Law is formulated in accordance with the Constitution for the purpose of adjusting the social insurance relationship, safeguarding citizens' legitimate rights and interests in participating in social insurance and enjoying social insurance benefits, enabling citizens to enjoy the fruits of development and promoting social harmony and stability.
Article 2 The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to receive material assistance from the state and society in accordance with the law in case of old age, illness, industrial injury, unemployment and maternity.
Article 3 The social insurance system adheres to the principles of wide coverage, basic protection, multi-level and sustainability, and the level of social insurance should be compatible with the level of economic and social development.
Article 4 Employers and individuals who pay social insurance premiums according to law in People's Republic of China (PRC) have the right to inquire about payment records and personal rights and interests records, and ask social insurance agencies to provide social insurance consultation and other related services.
Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.
Fifth people's governments at or above the county level shall incorporate social insurance into the national economic and social development plan.
The state raises social insurance funds through multiple channels. People's governments at or above the county level shall give necessary financial support to social insurance.
Baidu Encyclopedia-People's Republic of China (PRC) Social Insurance Law
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