15 how much can I get when I retire after paying the minimum social security in Shenzhen?

I have paid social security for 15 years according to the minimum payment in Shenzhen, and now I can receive 1300 yuan after retirement.

The basic pension consists of overall pension and individual account pension. The basic pension is based on factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount and average life expectancy of urban population. The treatment of new rural social endowment insurance consists of basic pension and personal account pension. Rural residents who participate in the new rural social endowment insurance meet the conditions stipulated by the state and receive the benefits of the new rural social endowment insurance on a monthly basis. The state establishes and improves the social endowment insurance system for urban residents. The people's governments of provinces, autonomous regions and municipalities directly under the Central Government may, according to the actual situation, combine the social endowment insurance for urban residents with the new rural social endowment insurance.

legal ground

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 can receive the basic old-age pension on a monthly basis if they pay less than fifteen years when they reach the statutory retirement age. 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. If an individual who participates in the basic old-age insurance dies due to illness or non-work-related injuries, his survivors can receive funeral grants and pensions, and if he completely loses his ability to work due to illness or non-work-related injuries before reaching the statutory retirement age, he can receive disability allowance. The required funds are paid from the basic old-age insurance fund. The state establishes a normal adjustment mechanism for basic pensions. According to the average wage increase and price increase of employees, the basic old-age insurance treatment level will be improved in a timely manner. If an individual is employed across the overall planning area, his basic old-age insurance relationship will be transferred with him, and the payment period will be calculated cumulatively. When an individual reaches the statutory retirement age, the basic pension is calculated in stages and distributed uniformly. Specific measures shall be formulated by the State Council.