If you pay a pension insurance premium of 500 yuan a year, the pension amount you can receive at the age of 60 after 30 years is as follows:

1. Payment period: Pay a pension insurance premium of 500 yuan every year. The maximum payment period is 15 years;

2. Basic pension: the maximum monthly pension is 253 yuan;

3. Receipt conditions: certain age and payment period requirements must be met;< /p>

4. Influencing factors: The pension amount is affected by factors such as payment years, payment amount, urban and rural resident status, etc.;

5. Regional differences: Policies in different provinces, cities and regions may be different. .

Calculation method of pension insurance:

1. Personal account pension: calculated by dividing the accumulated storage amount of the personal account by the number of months (the number of expected life months);

2. Basic pension: determined according to the basic pension calculation formula stipulated in local social security policies;

3. Transitional pension: In some areas, in order to balance the benefits of insured persons of different generations, There may be a transitional pension;

4. Personal contribution period pension: the pension portion determined based on the individual's contribution years;

5. Enterprise supplementary pension: if the individual is If the company has a supplementary pension insurance plan, it may have additional sources of pensions.

To sum up, an individual pays 500 yuan in pension insurance premiums every year for a maximum of 15 years. When he is 60 years old, he can receive a maximum monthly pension of 253 yuan, but the actual amount received will be affected by the payment period, The payment amount, urban and rural resident status and other factors are affected, and the specific policies in different regions may lead to differences in the conditions and amounts for receiving.

Legal basis:

"Social Insurance Law of the People's Republic of China"

Article 10

Employees shall participate in basic pension For insurance, the employer and employee must pay the basic pension insurance premiums together. 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 can participate in basic pension insurance, and the basic pension insurance premiums are paid by individuals. The measures for pension insurance for civil servants and staff managed with reference to the Civil Servant Law shall be prescribed by the State Council.

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 pooling 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.