Generally speaking, the endowment insurance for urban and rural residents in Sichuan should be paid after 15 years, and the pension can only be received after 60 years old. For example, the old-age insurance for urban and rural residents in Changsha stipulates that if the insured person reaches the age of 60 and meets one of the following conditions, he can enjoy the basic old-age insurance for urban and rural residents on a monthly basis from the next month:

1, cumulative payment period of urban and rural residents' endowment insurance 15 years;

2. 1, who was 45 years old the year before July, 2065438, and paid the premium annually;

3. 1, 20 10 Persons who reached the age of 60 the year before July and registered for insurance according to regulations.

Legal basis:

Article 16 of People's Republic of China (PRC) Social Insurance Law

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.

Article 17

If an individual who participates in the basic old-age insurance dies due to illness or non-work, his survivors can receive funeral grants and pensions; Persons who have completely lost their ability to work due to illness or non-work-related disability before reaching the statutory retirement age can receive disability allowance. The required funds are paid from the basic old-age insurance fund.