Social Security, Accident, Years to Live

Can't give you an answer to the question about health insurance because the policy is not consistent from place to place.

As for pension insurance, the policy is to pay for at least 15 years before being eligible for pension benefits. In fact, many places have already broken this rule. 15 years or more, each additional year of contribution will increase in pension benefits, the longer the time, the more pension. If you pass away in an accident during the contribution period, or go abroad to settle down, the individual contribution portion will be refunded to you or your legal heirs. At present, the average remaining life of Chinese people is 139 months, which means the average life expectancy is 60 years old plus 139 months. If, after 139 months, the entitlement recipient is still alive, he or she will continue to receive the entitlement at the original rate, which will be paid from the integrated fund.

The average life expectancy of the Chinese people is increasing, which is a blessing for the people and the government. 139 months was measured around 2004. It may still be adjusted in the future. But I think the longer the life expectancy of the people, the stronger the country, the more the fund will ride on it, is a good thing.