Wuhan social endowment insurance only needs to pay 15 years in total?

15 is such a concept, which is called cumulative payment period, that is, cumulative payment 160 months. In other words, if you interrupt for a few months, it will not count as your payment. This is common all over the country. You can look at the new People's Republic of China (PRC) Social Insurance Law (Draft).

15 years is the minimum condition. Of course, if you pay for a long time, your accumulated payment period (length of service) will be longer, your personal account will accumulate more, and your pension will be more responsive. In the current pension calculation and payment method, the accumulated amount of personal account and the accumulated payment period (length of service) are the two most important factors, and others include the local average social wage in the previous year. Therefore, the policy allows the best payment, which is equivalent to spending money to buy seniority.