How much money can you get when you retire?

Only pay social security 20 years a condition is unable to determine the amount of retirement pension, according to China's "Social Insurance Law", the basic pension by the integrated pension and personal account pension. The basic pension is determined according to the cumulative number of years of personal contributions, contribution salary, the average salary of local workers, the amount of personal account, the average life expectancy of the urban population and other factors.

Article 15 of the Social Insurance Law of the People's Republic of China (PRC) The basic pension consists of a coordinated pension and an individual account pension. The basic pension is determined on the basis of the individual's accumulated years of contribution, the contribution wage, the average wage of local workers, the amount of the individual account, and the average life expectancy of the urban population. Article 16 of the Social Insurance Law of the People's Republic of China (PRC): Individuals who have participated in basic old-age insurance and have contributed for a total of fifteen years by the time they reach the statutory retirement age shall receive a basic pension on a monthly basis.