How many years do I have to pay for social security to receive a pension?

Social security to pay 15 years and reached the legal retirement age can receive a pension.

According to Article 16 of the Social Insurance Law of the People's Republic of China, individuals who have participated in basic pension insurance are required to have paid contributions for a total of fifteen years by the time they reach the legal retirement age, and then go through the retirement procedures and receive their basic pension on a monthly basis.

China's legal retirement age is 55 years old for women and 60 years old for men, and social security pensions are paid according to these two ages.

Expanded information:

From January 1, 2018, the minimum standard of basic pension for urban and rural residents across the country was raised to 88 yuan per person per month, or an increase of 18 yuan on the original 70 yuan per person per month.

On April 10, 2019, the World Social Security Research Center (WSSRC) of the Chinese Academy of Social Sciences (CASS) released the China Pension Actuarial Report 2019-2050, a report. The report shows that hidden worries about the sustainability of the pension system are surfacing, and the problem of pensions not being able to make ends meet and polarization is becoming increasingly serious. According to the forecast, the accumulated balance of China's basic pension insurance fund for urban workers may be exhausted by around 2035.

On April 23, in response to remarks that the pension insurance fund will run out in 2035, the Ministry of Human Resources and Social Security responded that it is fully able to ensure that pensions will be paid in full and on time in the long term.

On June 4, 2020, the 2020 government work report pointed out that the basic pensions of retirees will be adjusted upward, and the minimum standard of basic pensions for urban and rural residents will be raised . As of August 2020, 31 provinces across China have landed the implementation of pension adjustments.The average pension increase in 2020 is 5%, and tilted policies have been implemented for some special groups everywhere. ?

Baidu Encyclopedia - Social Insurance Law of the People's Republic of China*** and the State of China