How much can Guangzhou social security receive after retirement?

How much money Guangzhou social security can receive after retirement varies according to the years of participation, payment base, retirement age and other factors. Take 2023 as an example, the monthly pension is the highest 1 1800 yuan, and the lowest is 2530 yuan.

Guangzhou implements an endowment insurance system that combines social endowment insurance for urban and rural residents, basic endowment insurance for enterprise employees and endowment insurance for government agencies and institutions. The amount of pension you can receive after retirement is mainly determined by the following factors: 1. Years of participation: The longer you participate in social security and pay endowment insurance, the more pension you will receive after retirement. Under normal circumstances, you can get a basic pension if you pay 15 years or more. 2. Payment base: The higher the payment base, the higher the pension received after retirement. The payment base refers to the payment standard determined when an individual or unit pays the endowment insurance premium for the insured, and it is also one of the important indicators for calculating the pension. 3. Retirement age: The age at retirement will also affect the amount of pension. In Guangzhou, the normal retirement age is 60, but there are also provisions for early retirement and delayed retirement. Taking 2023 as an example, the contribution rate of basic pension for employees in Guangzhou is 8% for individuals and 0/0% for unit/kloc. The upper limit of the payment base is 3 times of the average monthly salary of employees in this city in that year, and the lower limit is the minimum wage. Under this condition, the maximum monthly pension is 1 1800 yuan, and the minimum is 2530 yuan.

Can I enjoy other benefits after retirement? Guangzhou implements a preferential treatment system for retirees. Besides pensions, retirees can also enjoy other benefits, such as medical insurance, preferential transportation and cultural and recreational activities. At the same time, Guangzhou has also introduced a series of policies that benefit retirees, including community service, cultural and sports activities, and policy consultation. To provide all-round care and help for retirees.

The amount of social security pension in Guangzhou is related to the number of years of participation, payment base, retirement age and other factors. Under normal circumstances, the longer the payment period, the higher the payment base, and the older you are when you retire, the more pensions you can receive. In addition, Guangzhou also provides other preferential policies and welfare policies for retirees to ensure their quality of life.

Legal basis:

Article 15 of the Social Insurance Law of People's Republic of China (PRC) * * * Basic Pension consists of overall pension and individual account pension. The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.