How many years will it take to pay the endowment insurance in Beijing?

Individuals who have participated in Beijing's basic old-age insurance and paid for 15 years can receive the basic pension on a monthly basis after reaching the statutory retirement age.

First, Beijing endowment insurance payment requirements

In Beijing, it is a basic condition for individuals to participate in the basic old-age insurance and pay for 15 years. This means that if you want to enjoy the old-age insurance benefits in Beijing in the future, you need to pay at least 15 years of old-age insurance premium.

Second, the payment method of endowment insurance

In Beijing, the payment of endowment insurance is shared by individuals and units. The specific payment ratio and amount will be adjusted according to the changes in wages and social security policies. It is necessary to pay the endowment insurance premium in full and on time to ensure that the payment record is complete and effective.

Third, the legal retirement age.

In addition to meeting the payment requirements, you need to reach the statutory retirement age to receive the basic pension. At present, the legal retirement age in Beijing is 60 for men and 55 for women. Please note that the legal retirement age may change, and the specific retirement age is subject to the latest policy.

Four. Conditions for receiving a pension

When you meet the payment conditions and reach the legal retirement age, you can apply to the local social security department for a basic pension. You need to provide relevant identification and payment records, and you can start to receive pensions after verification.

To sum up, individuals who have participated in Beijing's basic old-age insurance and paid for 15 years can receive the basic pension on a monthly basis after reaching the statutory retirement age. In order to ensure the rights and interests of old-age security, it is suggested to pay the old-age insurance premium in full and on time, and pay attention to the relevant policy changes.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 16 stipulates:

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.