I started to buy social security at the age of 20. Can I get old-age insurance after paying for 20 years?

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Hello! Those who participate in the social pooling of the basic old-age insurance for employees of urban enterprises in this city have reached the retirement age stipulated by the state, and the actual payment period (including the deemed payment period, the same below) is over 15 years, and the basic old-age insurance premium is paid monthly. So I started to buy social security at the age of 20. Can I get old-age insurance after 20 years of payment? Is not allowed.

In the case of the same payment period, the basic old-age insurance level depends on the average individual payment index, that is, the historical average of the ratio of its actual payment base to the average social wage. The lower limit is 0.6 and the upper limit is 3.

Therefore, in the two calculations of endowment insurance, no matter what the situation, the higher the payment base and the longer the payment period, the higher the endowment insurance. The payment of endowment insurance is stipulated indefinitely. As long as the recipient survives, he can enjoy the monthly pension insurance payment. Even if the personal account pension insurance payment has been used up, it will continue to be paid according to the original standard.