Can I get a pension only by paying three insurances?

Pay three insurances to get a pension.

The collection of pension is related to endowment insurance. Even if the other two types of insurance are not paid, as long as the old-age insurance is paid in place, the insured can receive the pension. If the insured wants to receive a pension, he needs to pay the pension insurance for at least 15 years. If the payment period is not enough, you will not get a pension when you retire. The payment principle of endowment insurance is overpayment and long-term overpayment, which means that the longer the insured pays, the more he pays each time, and the more retirement pension he can get after retirement. Endowment insurance is mainly divided into employee endowment insurance and urban and rural residents endowment insurance.

The connection and difference between salary and pension;

The relationship between salary and pension is different.

1, pensions are generally paid by the state finance or local finance. Retirees who have not participated in social pooling of endowment insurance, such as civil servants and public institutions, are not included in the retirement benefits of enterprises managed by public institutions, referred to as pensions or retirement living expenses;

2 pensions are paid by social insurance funds, and the retirement benefits of retirees who participate in social pooling of pension insurance are collectively referred to as pensions.

To sum up, the change of social average wage will directly affect the level of pension. If the average social wage rises, the pension will also increase accordingly. And if the average social wage drops, the pension will also decrease accordingly.

Legal basis:

Article 16 of People's Republic of China (PRC) Social Insurance Law

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age.

Individuals who participate in the basic old-age insurance can pay less than fifteen years when they reach the statutory retirement age.

Receive a 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.