The social security contribution base paid by the employer is 3,632 yuan, and after 15 years of payment, you can receive 1,206 yuan upon retirement.

Pension = basic pension + personal account pension, pension insurance, the full name is social basic pension insurance, which is provided by the state and society in accordance with certain laws and regulations for workers when they reach the working age limit for being relieved of their labor obligations stipulated by the state, or due to

A social insurance system established to provide basic life support after the elderly lose the ability to work and retire from the workforce.

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.

Legal basis: Article 11 of the "Social Insurance Law of the People's Republic of China" Basic pension insurance implements a combination of social pooling and personal accounts.

The basic pension insurance fund is composed of employer and individual contributions and government subsidies.

Article 12 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 overall fund.

Employees should pay basic pension insurance premiums in accordance with the proportion of their wages stipulated by the state and credit 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.