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Adjustment of Pension Payment Time in Beijing
The pension payment time in this area is adjusted to 15 days per month.
According to Article 16 of the Social Insurance Law, individuals who have participated in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid for 15 years at the statutory retirement age. Beijing Social Security Bureau adjusted the payment time of the old pension to 15 per month, and distributed it in batches to ease the peak of collection.
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