Detailed Rules for the Implementation of People's Republic of China (PRC) Social Security Law

Legal analysis: Detailed Rules for the Implementation of the Social Insurance Law, the first chapter is about basic old-age insurance, and the second chapter is about basic medical insurance. Secondly, for the third and fourth chapters, it is about industrial injury insurance and unemployment insurance respectively. Finally, the fifth chapter is fund management and handling services, the sixth chapter is legal responsibility, and the seventh chapter is others.

Legal basis: Article 16 of the Social Insurance Law of People's Republic of China (PRC). Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age. Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.