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How long can I get my pension after paying social security?
Old-age insurance, the full name of social basic old-age insurance, is a social insurance system established by the state and society in accordance with certain laws and regulations to solve the basic life of workers who reach the working age limit stipulated by the state and terminate their labor obligations or quit their jobs because of old age. It is an important part of the social security system and one of the five most important social insurances. The purpose of endowment insurance is to protect the basic needs of the elderly and provide them with a stable and reliable source of life.
At present, the minimum payment period of social insurance in China is endowment insurance 15 years, and medical insurance is 20 years for women/25 years for men. The state is proposing social insurance reform. In addition to coordinating the implementation of social security nationwide, there is also a debate about the minimum life of insurance. It may be necessary to cancel the minimum insurance period and enjoy welfare benefits in accordance with the principle of "paying more and getting more benefits".
I hope the above content can help you. Please consult a professional lawyer if you have any other questions.
Legal basis: According to the provisions of the Social Insurance Law, individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis when they reach the statutory retirement age and have paid the accumulated contributions for 15 years.
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