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How much does social security pay for 20 years' pension?

How much money you will receive 1 month after paying social security for 20 years needs to be calculated according to the amount paid and other factors. If the total payment reaches 200,000 yuan, you can generally receive about 1.500 yuan every month. This is related to the social security payment period, if the social security payment is over 15 years. Then the calculation formula of pension is: monthly pension, basic pension and personal account pension. When the basic pension recipients retire, the average monthly salary of local employees in the previous year is ×20%. Between different identities, the payment is also calculated according to 60%, the payment base is not exactly the same, the payment base is different, and the amount specifically included in the personal account will not be the same. Retirement in different provinces, because the pension base is different, the retirement age is also different, such as retirement at 55, retirement at 60 and so on. There is a big difference in pensions.

First, the individual pension conditions:

1, has reached the statutory retirement age and has gone through retirement procedures;

2, units and individuals to participate in old-age insurance and fulfill the obligation to pay old-age insurance premiums;

3. The individual payment is at least 15 years (the payment period in the transition period includes the deemed payment period). At present, the legal retirement age of enterprise employees in China is: male employees are 60 years old; Female employees engaged in management and scientific research are 55 years old; Female workers engaged in production and auxiliary work are 50 years old.

Two. Materials required for personal pension:

1, one original and one copy of the resident identity card;

2. My account;

3. My personnel file;

4. Register a photo.

Legal basis:

Article 16 of the Social Insurance Law of People's Republic of China (PRC) * * * Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid for fifteen years at the statutory retirement age. 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.