Can I get a pension before I reach retirement age after paying social security 15 in Wuhan?

When you reach retirement age, you can receive it normally, and how much you receive depends on your own situation.

The calculation method of receiving pension is as follows:

Pension = basic pension+personal account pension.

1, personal account pension = personal account storage ÷ months (the number of months is determined according to the retirement age and the average life expectancy of the population at that time;

2. Basic pension = (last year's average monthly salary of employees in the province+my indexed monthly average payment salary) ÷2× payment period × 1% = last year's average monthly salary of employees in the province (1+ my indexed monthly average payment salary) ÷2× payment period × 1%.

For example, according to the above formula, suppose that when male employees retire at the age of 60, the average monthly salary of employees in the whole province last year was 4,000 yuan.

When the cumulative payment period is 15 years:

When the average individual payment base is 0.6, the basic pension = (4,000 yuan+4,000 yuan× 0.6) ÷ 2×15×1%= 480 yuan;

When the individual average payment base is 1.0, the basic pension = (4,000 yuan+4,000 yuan×1.0) ÷ 2×15×1%= 600 yuan;

When the average individual payment base is 3.0, the basic pension = (4,000 yuan+4,000 yuan× 3.0) ÷ 2×15×1%=1.200 yuan.

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