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How many years does it take for social security to enjoy treatment?
Legal basis: People's Republic of China (PRC) Social Insurance Law.
Fifteenth basic pension consists of overall pension and individual account pension.
The basic pension is based on individual cumulative payment years, payment wages, local
The average wage of employees, the amount of personal accounts, the average life expectancy of urban population and other factors are determined.
Sixteenth individuals who participate in the basic old-age insurance have reached the statutory retirement age.
At least fifteen years of age, the accumulated payment will receive the basic pension on a monthly basis.
Individuals who participate in the basic old-age insurance accumulate when they reach the statutory retirement age.
If the payment is less than fifteen years, it can be paid for fifteen years and received monthly.
The basic pension can also be transferred to the new rural social endowment insurance or
Social endowment insurance for urban residents shall enjoy corresponding treatment in accordance with the provisions of the State Council.
Pension insurance benefits.
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