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Differences between local and foreign social security
Legal analysis: Local employees and foreign employees enjoy exactly the same social security benefits, because social security benefits only consider your accumulated payment years and average payment index, which means that these conditions should be similar for every employee, so there is not much difference in the pension benefits you finally enjoy.
Legal basis: According to Article 15 of the Social Insurance Law of People's Republic of China (PRC), endowment insurance consists of overall pension and individual account pension.
The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.
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