How many years will Shenzhen social security pay?

The minimum payment period is 15 years. According to the provisions of Article 16 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 fifteen years. What needs to be explained here is that the minimum payment period is 15 years, which does not mean that you can not pay it after 15 years. For employees, payment is a mandatory obligation stipulated by law and should be paid in accordance with state regulations. At the same time, because the basic pension enjoyed by individuals is related to the individual payment period, the longer the payment period and the larger the payment base, the more pensions will be received after retirement.

Legal objectivity:

Minimum wage provisions Article 5 The minimum wage standard generally takes the form of monthly minimum wage standard and hourly minimum wage standard. The monthly minimum wage applies to full-time employees and the hourly minimum wage applies to part-time employees.