How to handle the process of endowment insurance

The process of endowment insurance mainly includes registration, payment declaration and verification, payment and treatment collection. The specific operation of each step will be introduced in detail below.

I. Insurance registration

First of all, individuals or units need to register with local social security agencies. For individuals, it is necessary to provide valid identity documents, household registration certificates and other related materials; For the unit, it is necessary to provide relevant information such as business license and organization code certificate. After submitting the materials, the social security agency will review and go through the registration procedures.

Second, the payment declaration and approval

After completing the insurance registration, the individual or unit needs to declare the pension insurance premium that should be paid to the social security agency according to the specified time node. You need to provide the list of payers, total wages and other related information when you declare. According to the declaration information, the social security agency verifies and determines the amount of endowment insurance premiums that individuals or units should pay.

Three. Payment and treatment collection

After the approval is completed, the individual or unit needs to pay the fee according to the approved amount. Payment can be made by bank transfer or cash. After the payment is completed, the individual or unit will get the corresponding payment voucher. When reaching the statutory retirement age, individuals can apply to social security agencies for basic pensions with payment vouchers and relevant supporting materials.

In the process of handling endowment insurance, individuals or units need to pay attention to some matters. For example, pay the old-age insurance premium in full and on time to protect your old-age rights and interests; At the same time, it is necessary to properly keep relevant certification materials and payment vouchers for future inquiry and use.

To sum up:

The process of endowment insurance includes registration, payment declaration and verification, payment and treatment collection. Individuals or units need to follow the prescribed steps and requirements to ensure that their pension rights and interests are guaranteed.

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.

Article 12 stipulates:

The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of its employees stipulated by the state, and record it in the basic old-age insurance pooling fund.

Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.

People's Republic of China (PRC) labor contract law

Article 72 provides that:

Employers and workers must participate in social insurance and pay social insurance premiums according to law.