1. How many years do you need to pay social security before you can receive a pension?
You have to pay social security for 15 years before you can receive a pension.
If the insured person is not satisfied with the payment time after retirement, he can choose to pay the premium for more than 15 years for 15 years, so that he can receive the basic pension every month. Of course, you can also choose to transfer to the social endowment insurance for urban residents or the new rural social endowment insurance, and enjoy the corresponding endowment insurance treatment according to the relevant provisions of the state, which may be lower than the pension treatment of employee endowment insurance, so it is recommended that you consider it carefully.
Second, how to calculate the pension
Generally speaking, after retirement, you need to receive a social security pension, and we calculate it according to the following formula:
1. The basic pension received each month is equal to the personal account pension plus the basic pension.
2. The basic pension is related to the average monthly salary of employees in the province last year, the higher the average monthly wage, the higher the basic pension will be.
3. In addition, my average contribution index will also be related to the pension after retirement, that is to say, the longer the payment time, the greater the payment index, and the more pension you can receive after retirement.
3. What is the process of receiving a pension from social security?
Within one month before the insured reaches the retirement age, the social security administrator of the unit or the insured person himself needs to go to the social security institution to submit the relevant materials of the surrender application.
Then the staff of the social security and institutions will review the information submitted by everyone, and if they confirm that they meet the relevant treatment conditions, they will issue a retirement certificate to the employee, and they will be able to receive the basic pension every month next month.
After you receive the employee retirement certificate, the next month, you need to bring your retirement certificate ID card and social security card, go to the designated bank for pension, and then issue the card, and then provide the bank account to the staff of the social security institution, and the social security department will pay the pension to this account every month.