Why can't I surrender after paying 15?

Because calculating the pension requires a lot of social security personal data, although working and retiring in the same unit in the same year, the same difference will lead to the difference of pension, that is, the difference of contribution ratio. The higher the payment ratio, the more funds will enter the personal account and the more the account balance will be. The higher the payment ratio, the greater the final average payment index. For these two items, put this indicator into the pension calculation formula. The bigger the index, the bigger the number (the number is money). The higher the balance of personal account funds, the more numbers (numbers are money), and the greater the gap with others.

Endowment insurance is a social insurance system established by the state in accordance with relevant laws and regulations to ensure that workers reach the working age limit stipulated by the state, terminate their labor obligations or retire from their jobs because of old age. The purpose is to ensure the basic needs of the elderly through social insurance and provide them with a stable and reliable source of life.

Old-age insurance will take effect automatically after the elderly within the legal scope "completely" or "basically" withdraw from social labor life. The so-called "complete" is characterized by the separation of workers from the means of production; The so-called "basic" means that participation in production activities has not become the main content of social life. The legal age limit is a practical measure.

At the same time, the insured can only meet the following two conditions: (1) meeting the retirement conditions stipulated by the state and handling relevant procedures; According to the provisions of the basic old-age insurance premium accumulated payment period of 15, approved by the administrative department of labor and social security, can receive a monthly basic pension and funeral subsidies.

The basic old-age insurance premium is paid by enterprises and insured persons according to different payment ratios.

Generally speaking, the proportion of individual contributions to old-age insurance is mainly based on the provisions of the social security department, with the actual salary as the payment base.

1, enterprise payment = approved total wages of enterprise employees * 20%;

Individual contributions of employees = approved payment base *8% (currently 8%).

2. Individual contributions of employees = approved payment base * 18%.

legal ground

People's Republic of China (PRC) social insurance law

Sixteenth individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have accumulated contributions for fifteen years when they reach the statutory retirement age.

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