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The social security payment is the lowest 15, how much can I get for retirement?
The amount of pension is calculated according to the payment of endowment insurance. There is no specific standard, so try to calculate. According to the regulations, the pension calculated according to the minimum payment standard of 60% of the average social wage and the minimum payment of 15 is the minimum standard.
Legal basis:
Labor law of the people's Republic of China
Article 72 The sources of social insurance funds shall be determined according to the types of insurance, and social pooling shall be gradually implemented. Employers and workers must participate in social insurance and pay social insurance premiums according to law. This means that private enterprises need to pay social security for their employees, including endowment insurance. Of course, paying old-age insurance does not mean having a pension after retirement. To receive a pension, you need to meet the conditions for receiving it.
Article 73 Laborers shall enjoy social insurance benefits according to law under the following circumstances:
(1) Retirement;
(2) Being sick or injured;
(3) Being disabled at work or suffering from occupational diseases;
(4) unemployment;
(5) bearing.
After the death of an employee, his survivors shall enjoy the survivors' allowance according to law. The conditions and standards for workers to enjoy social insurance benefits shall be stipulated by laws and regulations. Social insurance premiums enjoyed by workers must be paid in full and on time.
Seventy-fourth social insurance fund agencies shall manage and operate social insurance funds according to law, and be responsible for maintaining and increasing the value of social insurance funds. Social insurance fund supervision institutions shall supervise the income and expenditure, management and operation of social insurance funds according to law. The establishment and responsibilities of social insurance fund handling institutions and social insurance fund supervision institutions shall be prescribed by law. No organization or individual may misappropriate social insurance funds.
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