The first payment processing flow of endowment insurance

Prepare relevant materials, fill in application forms, submit applications and pay fees.

First, prepare relevant materials.

To apply for endowment insurance for the first time, you need to prepare the following materials:

1. Original and photocopy of ID card: used to verify personal identity information.

2. Original and photocopy of household registration book or residence permit: personal residence certificate and household registration information.

3. Recent one-inch bareheaded photos: used to make old-age insurance certificates.

Second, fill out the application form.

Go to the local social security department or the designated handling point to receive the old-age insurance application form. Fill in personal information as required in the form, including name, gender, age, ID number, contact information, etc. Ensure the content is accurate, so as not to affect the subsequent processing flow.

Third, submit an application.

Submit the completed application form and related materials to the social security department or the designated handling point. The staff will review the submitted materials to ensure that the information is true and complete. If necessary, on-site verification or supplementary materials may be required.

Fourth, pay the fees.

After the examination and approval, the corresponding expenses shall be paid according to the local pension insurance payment standard. You can pay by bank transfer or cash. After the payment is completed, the staff will issue relevant vouchers.

Verb (short for verb) to get the document.

After processing, the social security department will make the endowment insurance certificate. Within the specified time, the applicant must bring valid identity documents to the designated place to collect them. After receiving it, you can enjoy the relevant treatment of endowment insurance.

To sum up:

The down payment process of endowment insurance includes preparing relevant materials, filling in application forms, submitting applications, paying fees and obtaining certificates. In the process of handling, ensure to provide true and complete personal information, pay old-age insurance premiums on time, and protect personal rights and interests.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 10 stipulates:

Employees shall participate in the basic old-age insurance, and the employer and employees shall jointly pay the basic old-age insurance premium.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium.

The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.

People's Republic of China (PRC) social insurance law

Article 16 stipulates:

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.