Job Recruitment Website - Social security inquiry - How many years can Hong Kong social security pay for a pension?
How many years can Hong Kong social security pay for a pension?
After paying the old-age insurance premium for fifteen years, when the workers reach the legal retirement age, they will receive the basic pension on a monthly basis. If the payment has not been paid for fifteen years, it can be paid back to fifteen years, or it can be transferred to the new rural social endowment insurance or urban residents' social endowment insurance.
Legal objectivity:
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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