Payment time of endowment insurance for urban and rural residents in Yantai city

After participating in endowment insurance, Yantai urban and rural residents should pay once a year, and the specific payment time is from July/KLOC-0 to September 30 every year. If it is not paid in time, it can be paid before the end of April of the following year. Failure to pay after the expiration of the payment period shall be deemed as automatic waiver.

Yantai implements the basic old-age insurance system for urban and rural residents, and payment is the premise for the insured to enjoy the old-age insurance benefits. Payment time means that the insured should pay the payable amount into the social security account within the specified time. According to the Measures for the Implementation of Old-age Insurance for Urban and Rural Residents in Yantai City, the insured pays once a year, and the specific payment time is from July/KLOC-0 to September 30 every year. If it is not paid in time, it can be paid before the end of April of the following year. After paying the fee, you can continue to participate in the insurance, but you can't pay the fee across the year. Overdue payment, as a waiver. It should be noted that the payment method can be selected as monthly payment or annual payment, but the payment time is still fixed, and no matter which method is selected, the actual payment amount must be calculated according to the prescribed standard and paid within the payment period. In addition, some special circumstances, such as the death of the insured, household registration migration, etc. , it will also have an impact on the payment time, and it needs to be reported to the social security department in time.

If the insured person has retired or meets the conditions for receiving a pension, do you still need to continue to pay the old-age insurance premium? According to the state regulations, the obligation to pay the old-age insurance premium will automatically terminate after the insured reaches the legal retirement age or meets the conditions for receiving the old-age pension. At this time, the insured person should go through the formalities for receiving the pension in time and receive the pension benefits due. If you need to surrender for personal reasons, you can apply to the social security department.

The payment time of old-age insurance for urban and rural residents in Yantai is generally from July/kloc-0 to September 30 every year. If it is not paid in time, it can be paid before the end of April of the following year. If the insured person retires or meets the conditions for receiving a pension, he may terminate the payment and receive the due pension benefits. It should be noted that the specific payment standard and amount will be adjusted according to the provisions of laws and regulations, and the insured should keep abreast of relevant policy changes.

Legal basis:

Article 17 of the Regulations on Basic Old-age Insurance for Urban and Rural Residents in People's Republic of China (PRC) shall be paid from July/KLOC-0 to September 30th every year. Fails to pay, you can pay after the payment period, the payment period is before the end of April of the following year; Overdue payment, as a waiver to participate in the basic old-age insurance for urban and rural residents.