How many years of social security payment is a grade.

According to the public information of social security contributions, individuals who participate in the basic old-age insurance will receive the basic pension on a monthly basis when they reach the statutory retirement age and have paid for 15 years.

Social insurance refers to a social and economic system that provides income or compensation for people who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons. The main items of social insurance include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.