How good is social security?

The longer the social security payment time, the higher the payment base, and the more pensions you receive after retirement.

The benefits of social security overpayment are:

1. Pension: The level of pension insurance benefits will affect how much pension you can receive every month after retirement. This is because of the personal account of pension and endowment insurance, payment period, retirement age, average social wage level and so on. Therefore, the more pension insurance you pay, the more pension you can receive after retirement;

2. Medical care: The more medical insurance fees you pay each month, the more money you transfer to your personal medical insurance account each month.