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When is the social security paid every month?
Legal analysis: the Social Security Bureau will transfer the retirement pension to the bank account of each retiree around the date of 10 every month; In some places, it is agreed that the date of pension payment is not uniform when retiring, in order to alleviate the peak of receiving in batches; The regulations may vary from place to place. It is suggested to consult the local social security bureau, or ask someone who is already receiving a pension.
Legal basis: Article 16 of the Social Insurance Law of People's Republic of China (PRC) stipulates that individuals who have participated in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have accumulated contributions for fifteen years when they reach the statutory retirement age.
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