Job Recruitment Website - Social security inquiry - Is social security still working?
Is social security still working?
Legal basis: Article 16 of the Social Insurance Law of People's Republic of China (PRC), those who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid the accumulated contributions for 15 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.
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