What are the social pension insurance policies?

As inflation intensifies, protection in old age becomes more and more important. In order to provide protection for their old age, many people have chosen pension insurance, which has increased the demand for pension insurance. Relevant departments aim to effectively protect the legitimate rights and interests of those participating in the basic pension insurance for urban enterprise employees and have launched a new social pension insurance policy to ensure the smooth transfer and continuation of the basic pension insurance relationship when insured personnel move across provinces and are employed in cities.

The "Interim Measures for the Transfer and Continuation of the Basic Pension Insurance for Urban Enterprise Employees" apply to all persons participating in the basic pension insurance for urban enterprise employees, including migrant workers. Those who have received basic pension insurance benefits in accordance with national regulations will no longer have their basic pension insurance relationship transferred.

If the insured person moves across provinces for employment, the social insurance agency in the original place of insurance (hereinafter referred to as the social security agency) will issue a payment voucher for insurance, and his basic pension insurance relationship should be transferred to the new one along with it. Insured place. If the insured person meets the conditions for receiving basic pension insurance benefits, his insurance payment years in various places will be combined and the personal account deposit amount (including principal and interest, the same below) will be calculated cumulatively; the basic pension insurance relationship shall not be terminated before reaching the age for receiving benefits. And go through the surrender procedures; if you go to settle abroad or settle in Hong Kong, Macao, or Taiwan, the relevant national regulations will be followed.

What are the conditions for receiving pensions?

Reach the statutory retirement age; have accumulated pension insurance premiums for 15 years. Among them, my country's legal retirement age for enterprise employees is: men are over 60 years old, female workers are over 50 years old, and female cadres are over 55 years old; for special types of work, the retirement age is 55 years old for men and 45 years old for women; If a person is disabled due to illness or not due to work, and is certified by the hospital and confirmed by the Labor Appraisal Committee as having completely lost the ability to work, the retirement age is 55 years or older for men and 45 years or older for women.

At present, there are many forms of pension insurance in my country, including commercial insurance and non-commercial insurance. Non-commercial insurance refers to my country’s national policy pension insurance. Social pension insurance policies are constantly changing every year. Of course, they are only slight changes, but they remain unchanged. The sole purpose of pension insurance is to provide support for the elderly and ensure their basic living needs.

Legal basis:

Article 10 of the "Social Insurance Law of the People's Republic of China and the People's Republic of China" Employees shall participate in basic pension insurance, and the employer and employee *** shall jointly pay the basic pension insurance.

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.