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How much pension can I get after paying 15 social security retirement?

Legal analysis:

The factors that affect the amount of pension mainly include the years of social security payment, local per capita salary and individual social security payment base. If the local average monthly salary is 7,000 yuan, the average personal contribution base is 0.6, and the contribution is 15 years, the monthly pension you can get after retirement is about 1050 yuan. After paying social security on 15, you can receive a monthly pension, and monthly pension = basic pension personal account pension. Basic pension = the average monthly salary of local employees in the previous year multiplied by 20% when I retire; Personal account pension = deposit in my account120. Is the minimum payment 15 years. Those who have not reached retirement age may be required to pay until retirement age in some areas.

Social insurance is a social and economic system that provides income or compensation for those 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. The social insurance plan is organized by the government, forcing a certain group to use part of its income as social insurance tax (fee) to form a social insurance fund. Under certain conditions, the insured can get fixed income or loss compensation from the fund. It is a redistribution system, and its goal is to ensure the reproduction of material and labor and social stability. In China, social insurance is an important part of the social security system, occupying a core position in the whole social security system. In addition, social insurance is a contributory social security. The funds are mainly paid by employers and workers themselves, and the government finances give subsidies and bear the ultimate responsibility. However, workers can only enjoy the corresponding social insurance benefits if they fulfill their statutory payment obligations and meet the statutory conditions.

The so-called social security is actually endowment insurance, which is also commonly known as "five insurances and one gold". It consists of endowment insurance, medical insurance, unemployment insurance, work injury insurance, maternity insurance and housing accumulation fund.

Legal basis: Social Insurance Law Article 2 The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance, maternity insurance, etc., to protect citizens' right to get material help from the state and society according to law in case of old age, illness, industrial injury, unemployment and maternity.