Where did the social security payment in Shanghai come from after 15?

The policy of receiving old-age insurance in social security is to receive old-age pension according to the standard of the place where retirement procedures are handled.

After paying social security 15 years in Shanghai, even if you are not registered in Shanghai, you can still go through the retirement formalities through the enterprise, and then receive a monthly pension according to the pension payment standard in Shanghai.

Non-Shanghai residents who transfer their personal accounts of old-age insurance back to their hometown or other provinces and cities before retirement will receive a monthly pension according to local pension payment standards. However, when calculating the pension, the difference in the payment base of the old-age insurance between different payment areas will be considered.