Does anyone know exactly how pension and medical care are paid out in social security?

Pension is paid when you reach the age of retirement to the bank book where you apply for the procedure.

Pension = the average monthly salary of the city's on-the-job workers in the previous year at the time of retirement * 20% (after 15 years of contributions) + personal account savings / 146 months, (the age of death of the average life expectancy of the local community, Guangzhou, male, 73 years old, = 73 years - 60 years old = 13 years * 12 months = 146 months).

Medical expenses: it's when you visit the hospital and show your medical insurance card and ID card, the hospital will automatically reimburse you.