After retirement, ABC has not only retirement salary but also its own insurance system. It pays a lot, and it can get a lot when it is old, which is much higher than ordinary old-age insurance.

Article 16 of the Social Insurance Law of People's Republic of China (PRC) * * * Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid for fifteen years at the statutory retirement age. Individuals who participate in the basic old-age insurance can receive the basic old-age pension on a monthly basis if they pay less than fifteen years when they reach the statutory retirement age. 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.