Social security to how much age can receive wages

Legal analysis: according to the "Chinese people's *** and the State Social Insurance Law" stipulates that after the employee reaches the legal retirement age stipulated by the state, and has accumulated social security contributions for fifteen years and above, he or she can receive a pension. The retirement age stipulated by law in China is that male employees must be at least sixty years of age and female employees must be at least fifty-five years of age. In addition to reaching the legal retirement age, but also to pay social security contributions for a total of fifteen years, you can pay more, to the retirement can receive more wages.

Legal basis: "Chinese People's **** and State Social Insurance Law"

Article 14 Individual accounts may not be withdrawn in advance, the interest rate of the account shall not be lower than the bank time deposit interest rate, exempted from interest tax. In the event of an individual's death, the balance of the individual account may be inherited.

Article 15 The basic pension consists of a coordinated pension and an individual account pension. The basic pension is determined on the basis of an individual's accumulated years of contributions, contribution wages, the average wage of local workers, the amount of individual account, and the average life expectancy of the urban population.

Article 16 Individuals participating in basic pension insurance shall receive a monthly basic pension if they have accumulated fifteen years of contributions by the time they reach the legal retirement age. Individuals who have participated in basic old-age insurance and have contributed for less than fifteen years by the time they reach the legal retirement age may contribute until they reach the full fifteen years, and receive a basic pension on a monthly basis; they may also be transferred to the new type of rural social old-age insurance or to the social old-age insurance for urban residents, and shall enjoy the corresponding old-age insurance benefits in accordance with the provisions of the State Council.

Article 17 Individuals participating in basic old-age insurance may receive funeral grants and pensions for their survivors in the event of their deaths due to illness or not due to work; and they may receive invalidity allowances for those who have become disabled and totally incapacitated due to illness or not due to work when they have not yet reached the legal retirement age. The required funds are paid from the basic pension insurance fund.