Is it cost-effective to transfer Shenzhen social security to Wuhan social security?

You must transfer the relationship to renew it;

However, social security is not networked nationwide, and social security transfer procedures need to be handled.

All formalities will take 45 working days to complete.

All participants in the basic old-age insurance for employees of urban enterprises, including migrant workers, can transfer the basic old-age insurance relationship when they are employed across provinces;

When personal account is transferred, 12% of the company's payment is also transferred, accounting for 60% of the company's payment;

The payment period of the insured in various places is calculated together, and the accumulated amount of individual accounts is calculated together, and migrant workers are treated equally.

In order to prevent the insured from going back and forth between the two places because of the renewal of insurance, the Interim Measures stipulates a unified handling process: when the insured leaves the place of employment, the social security agency will issue the insurance payment certificate;

In the new place of employment, you only need to submit a written application for renewal.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.