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Is the pension adjustment plan the same in all provinces of China?
Legal basis: Interim Measures for the Transfer and Continuation of Basic Endowment Insurance for Employees in Urban Enterprises.
Article 7 If the insured person meets the conditions for receiving benefits after the transfer of the basic old-age insurance relationship, his basic pension shall be calculated on the basis of his last year's payment salary, payment period and the corresponding annual average salary of employees in the place where the benefits are received.
Article 8 If the insured person is employed in inter-provincial flow, the basic old-age insurance relationship shall be transferred in accordance with the following procedures:
(a) the insured in the new employment in accordance with the provisions of the establishment of the basic old-age insurance relationship and payment, by the employer to the social security agencies to submit a written application for the transfer of the basic old-age insurance relationship.
(2) The social security agency of the newly insured place will review the transfer and continuation application within 15 working days, send a consent letter to the insured person if it meets the requirements, and provide relevant information; Make a written explanation for those who do not meet the conditions for transfer and connection.
(3) The social security agency where the original basic old-age insurance relationship is located shall handle all the transfer and connection procedures within 15 working days after receiving the acceptance letter.
(4) After receiving the basic old-age insurance relationship and funds transferred by the social security agency where the insured person's original basic old-age insurance relationship is located, the social security agency in the newly insured place shall complete the relevant procedures within 15 working days, and notify the employer or the insured person in time.
Article 11 Where the policies on inter-provincial transfer and continuation of basic old-age insurance relations formulated by various localities are inconsistent with the provisions of these Measures, the provisions of these Measures shall prevail. Measures for the transfer and continuation of the basic old-age insurance relationship across provinces, autonomous regions and municipalities directly under the Central Government shall be formulated by the provincial people's government with reference to these measures and reported to Ministry of Human Resources and Social Security for the record.
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