15 how much does social security pay?

According to relevant national policies, the insured of old-age insurance must reach retirement age and pay social security 15 years or more before they can receive basic old-age insurance on a monthly basis. Therefore, the accumulated social security contributions can be suspended after 15 years. What needs to be reminded here is that, generally speaking, the longer and more you pay social security, the more pension you will receive after retirement.

According to the requirements of relevant national policies, anyone who has not reached the national statutory retirement age can participate in the basic old-age insurance for enterprise employees. However, those who reach retirement age and pay less than 15 cannot receive basic old-age insurance on a monthly basis. After participating in the basic old-age insurance, the payment is interrupted for some reason, and it cannot be paid back during the interruption period, and the payment can be continued in the future. The insurance premium paid before the interruption of payment will not be invalidated, and the social security agency has sealed it. The old-age insurance premiums paid before and after the interruption of payment can be calculated together.

How much can I get if I retire for one month after paying 15 years of social security? The calculation formula of social security pension 15 is: monthly pension = basic pension+personal account pension.

1, basic pension = the average monthly salary of local employees in the previous year when I retire ×20%,

2. Personal account pension = deposit in my account ÷ 120

If there is a unit that has paid 15 years, but the employees have not retired, the enterprise will continue to pay until retirement; Individuals who pay social security can stop paying or continue to pay. According to the local policy, they will definitely continue to pay high salaries. Endowment insurance follows the principle of "pay more and get more". The higher the payment base, the longer the service period, and the more pensions you receive when you retire. Once the payment is stopped, it will directly affect the pension benefits after retirement.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.