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How much can I get from the minimum social security payment after retirement?
Even if you retire at this stage, you will pay according to the minimum standard. In areas with low payment standards, it has accumulated 30,000 to 50,000 in 30 years, and in areas with high payment standards, it is almost 60,000 to 80,000. Moreover, the payment standard is increasing year by year, and it will be higher after retirement.
The retirement age is also different, and different ages correspond to different pension months. For example, retire at 50, retire at 55, retire at 170, retire at 60, and retire at 139.
So when it comes to individuals, when everyone retires, the amount of pension in personal accounts is very different.
Legal basis: Article 12 of the Social Insurance Law of People's Republic of China (PRC), the employing unit shall pay the basic old-age insurance premium in proportion to the total wages of its employees as stipulated by the state and record it in the basic old-age insurance pooling fund.
Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.
Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.
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