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How much is the 65-year-old pension insurance for a month?
Employers and workers must participate in social insurance and pay social insurance premiums according to law. Enterprises must pay the basic old-age insurance premiums for their employees on time, and when employees are transferred, they shall go through the formalities for the transfer of old-age insurance.
Legal basis: Article 16 of the Social Insurance Law of People's Republic of China (PRC) stipulates that individuals who have participated in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have accumulated contributions for fifteen years when they reach the statutory retirement age. Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; 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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