Job Recruitment Website - Social security inquiry - Social security pays enough for teenagers to get a pension.
Social security pays enough for teenagers to get a pension.
Legal basis: Individuals who participate in the basic old-age insurance for employees in the second paragraph of Article 16 of the Social Insurance Law of People's Republic of China (PRC) can extend the payment to 15 before the implementation of the Social Insurance Law after reaching the statutory retirement age. If the payment is still less than 15 after five years' extension, they can pay to 15 in one lump sum. If the accumulated payment time and age of endowment insurance reach, you can apply for retirement! In institutions, party and government organs, and enterprises owned by the whole people, those who meet the requirements of men reaching 60 years of age and women reaching 50 years of age and continuous service 10 years can apply for retirement. After retirement, retired workers will be paid a certain retirement fee according to certain standards every month until their death. When going through the retirement formalities, you need to go to the local social security bureau to go through the retirement formalities of the insured.
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