How much can I get after paying 15 years of five insurances?

Legal analysis: After the social security payment reaches 15, the monthly pension amount that individual accounts can receive is the pension balance of individual accounts divided by 120, and the monthly pension amount that basic account can receive is the average salary of local employees when individuals retire multiplied by 0.2. If the employee has not retired, the personal account pension can be stopped after 15, but the pension unit in basic account will continue to pay for the employee. The more you pay the pension, the more you will receive every month after retirement, so the more you pay, the longer the payment period, the better.

Legal basis: According to Article 15 of the Social Insurance Law, the basic pension 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. Article 16 of the Social Insurance Law stipulates that individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis when they reach the statutory retirement age and have paid the accumulated contributions for fifteen years. 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.