Job Recruitment Website - Social security inquiry - How many years does social security need to be paid?
How many years does social security need to be paid?
Social security is due 15 years. At present, the minimum social security payment is 15 years, and medical insurance generally needs to be paid for about 20 years. Conditions for receiving old-age pension: Individuals participating in the basic old-age insurance can receive the basic old-age pension on a monthly basis when they reach the statutory retirement age and pay 15 years. The calculation of social insurance premium must be based on the probability of various risk accidents and the total payment expenditure estimated in advance according to the payment standard. The calculation of social insurance rate is different from that of commercial insurance. In addition to risk factors, more social and economic factors need to be considered in order to obtain fair and reasonable rates.
People's Republic of China (PRC) social insurance law
Article 16
Individuals participating in the basic old-age insurance receive the basic old-age pension on a monthly basis when they reach the statutory retirement age, and those participating in the basic old-age insurance receive the basic old-age pension on a monthly basis when they reach the statutory retirement age and the accumulated payment is less than 15 years. 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.
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