When can I get social security?

When the old-age insurance in social security reaches the legal retirement age, the accumulated payment can be collected after fifteen years. According to the 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 for 15 years.

Collection time

The time for receiving pension in social security is 10 year, but there is generally no special provision. As long as the recipient is alive, he can always enjoy the pension.

The insured person receives a pension after retirement, even if the personal pension account paid by the insured person has been received, he can continue to receive it. Note that it is still given to everyone according to the original standard, and it may even be improved. Therefore, the pension will increase every year according to the average wage growth of social security workers.

In short, receiving a pension, as a recipient, is of course the longer you live, the more pensions you receive, the more cost-effective.

Collection method

The pension collection process in social security is best handled by the recipient himself at the local social security service center. The specific process is as follows:

1. The recipient first goes to the service hall of the social security service center to make a business appointment, and then finds the processing window to go through the retirement audit procedures;

2. After going through the retirement examination and approval procedures, go through the retirement examination and approval procedures at the window opened by the Human Resources and Social Security Bureau. You know, if you want to receive a pension, you must not only pay 15, but also reach retirement age.

3. After completing retirement and other conditions, you can bring a retirement approval form and go to the individual payment window to modify the information and confirm the specific situation of your payment;

After these procedures are completed, the recipient can go to the designated bank to handle the pension payment procedures, and then wait for the pension to arrive.

Legal basis:

Article 16 of the Social Insurance Law of People's Republic of China (PRC) stipulates that 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. Among them, social security is social insurance, which is a social and economic system promoted by the state to provide income or compensation for people who have lost their ability to work, are temporarily unemployed or suffer losses due to health reasons. The main items include basic old-age insurance, unemployment insurance, basic medical insurance, industrial injury insurance and maternity insurance. The employing unit shall, within 30 days from the date of employment, apply to the social insurance agency for social insurance registration for its employees.