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How much can you receive after 15 years of paying social security

The amount of pension you can receive after 15 years of paying this insurance depends on a number of factors, including the individual's contribution base, the number of years of contributions, the amount stored in the individual account, the age of retirement, and the average salary of the region where you live.

The pension consists of two parts: the basic pension and the personal account pension. The formula for calculating the basic pension is: (average monthly salary of on-the-job workers in the previous year in the province + average indexed monthly contribution salary of the person) ÷ 2 × years of contribution × 1%. The formula for calculating the personal account pension is: personal account storage amount ÷ the number of months of personal account pension accrual.

Assuming that the average social wage in a certain area is 5,000 yuan and 15 years of contributions, the basic pension received is (5,000+5,000)÷2151%=750 yuan. The personal account pension, on the other hand, will get 517.98 yuan of personal account pension. Therefore, the person can receive a monthly pension of about 750 yuan + 517.98 yuan = 1,267.98 yuan.