Paying 320 yuan for social security is low-end.

Pension insurance is divided into three grades. There are three grades of pension insurance, namely the lowest grade, the middle grade and the highest grade.

The details are as follows: 1. The lowest payment shall not be less than 60% of the average monthly salary of social workers.

2. The mid-level payment is 100% of the employee’s average monthly salary. 3. The highest level is 300% of the employee’s average monthly salary.

Pension insurance, the full name of social basic pension insurance, is the basic life insurance provided by the state and society in accordance with certain laws and regulations for workers after they reach the working age limit set by the state to be relieved of their labor obligations, or after they have lost their ability to work due to old age and have retired from their jobs.

A social insurance system established.

Pension insurance is an important part of the social security system and one of the most important of the four major types of social insurance.

The purpose of pension insurance is to protect the basic living needs of the elderly and provide them with a stable and reliable source of living.

1. Employees must meet the following conditions to receive basic pensions on a monthly basis: 1. Reach the legal retirement age and have gone through the retirement procedures; 2. The unit and individual where they work participate in pension insurance in accordance with the law and fulfill their obligation to pay pension insurance; 3. The individual payment is at least

Over 15 years.

2. The ways to receive personal account pension in advance are as follows: 1. If you settle abroad and lose your Chinese nationality, you can apply in writing to terminate the pension insurance relationship after leaving the country, and then transfer the personal account pension and its interest in one lump sum

Disbursement; 2. Death of the insured person.

Regardless of whether the insured person dies before or after retirement, as long as there is a balance in the personal account pension, it can be inherited by his legal heirs and paid to the legal heirs in one lump sum.

In short, pension insurance is divided into three levels. The payment for the lowest level shall not be less than 60% of the average monthly salary of employees, the payment for the middle level shall be 100% of the average monthly salary of employees, and the payment for the highest level shall be 300% of the average monthly salary of employees.

According to the principle of voluntary participation by the insured, no matter which level you choose, you can receive a pension as long as you have paid continuously for 15 years and reached the retirement age stipulated by the state.

Legal basis: Article 12 of the "Social Insurance Law of the People's Republic of China": The employer shall pay basic pension insurance premiums in accordance with the proportion of the total wages of its employees stipulated by the state, and record them into the basic pension insurance pooling fund.

Employees should pay basic pension insurance premiums in accordance with the proportion of their wages stipulated by the state and record them into their personal accounts.

Individual industrial and commercial households without employees, part-time employees who have not participated in basic pension insurance in the employer, and other flexible employment personnel who participate in basic pension insurance shall pay basic pension insurance premiums in accordance with national regulations and record them separately in the basic pension insurance pooling fund

and personal accounts.

Article 16: Individuals who participate in basic pension insurance and who have made cumulative contributions for fifteen years when reaching the statutory retirement age shall receive basic pensions on a monthly basis.

Individuals participating in basic pension insurance who have paid less than fifteen years of cumulative contributions when they reach the legal retirement age can pay for fifteen years and receive basic pensions on a monthly basis; they can also transfer to new rural social pension insurance or urban resident social pension insurance.

, enjoy corresponding pension insurance benefits in accordance with the regulations of the State Council.