What should I do if the endowment insurance is out of business for one year?

Endowment insurance has been paid for one year, and the treatment measures are as follows:

1. The old-age insurance is broken for one month, so you don't have to pay it back. Just ask the new company to continue to pay the old-age insurance after finding a new company to work;

2. If the endowment insurance has been broken for a long time, such as one year, you can choose to pay it back. Need to bring the original and photocopy of ID card and household registration book to the social security center for supplementary payment;

3. No matter how long it takes to break off diplomatic relations, as long as the final cumulative payment time reaches 15 years, you can receive a monthly pension at retirement age;

4. If the endowment insurance is broken after 8 years, you can choose to pay again, and the payment period is accumulated;

If you don't want to pay the endowment insurance after one year, you can't return it under normal circumstances unless you meet certain conditions, such as going abroad to settle down or dying. You can continue to pay fees when you are re-employed, and the payment period is calculated cumulatively.

Provisions on payment of endowment insurance after breaking off diplomatic relations;

1. Payment conditions: the payment conditions stipulated by the local social security bureau must be met, and it is generally required to apply for payment within the specified time;

2. Payment time: After breaking diplomatic relations, individuals can apply for payment within a certain period, and the specific period is determined by the local social security policy;

3. Repayment amount: calculate the repayment amount according to the social security payment base and rate during the period of breaking off diplomatic relations;

4. Payment process: it is necessary to submit an application for payment to the social security agency and complete relevant procedures as required;

5. Impact assessment: The interruption period may affect the eligibility and amount of pension, and payment can reduce this impact.

To sum up, the handling methods of breaking off the old-age insurance after one year's payment include: finding a new company to continue to pay, completing the formalities for one year, receiving the pension on a monthly basis after the accumulated payment reaches 15, paying again after eight years, and returning or continuing to pay when certain conditions are met.

Legal basis:

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

Article 16

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.