Does the endowment insurance in the province need to be transferred?

There is no need to transfer the endowment insurance in the province, and the analysis is as follows:

1, employees change their work units, and basic old-age insurance and employee medical insurance can be transferred to new units to continue to participate in the insurance according to regulations;

2. In the overall planning area or the same city, after resigning from a certain unit, you only need to go to the unit to go through the formalities of resignation and termination of insurance;

3. After the new unit handles the employment insurance formalities, the social security relationship will be automatically transferred to the new unit.

The procedures for the transfer of basic old-age insurance in the province are as follows:

1, get the license. After the insured person continues to participate in the insurance in the new employment place, he should apply for the basic old-age insurance certificate from the social security agency in the original insurance place, and go through the formalities of stopping the insurance to confirm his insurance information. If the insured person's certificate is accidentally lost, he should contact the social security agency that issued the certificate and apply for a replacement;

2. write an application. After the insured person has gone through the insurance registration formalities in the current insured place and paid the fee according to the regulations, he or the employer shall apply to the social security institution in the current insured place for the transfer and continuation of the basic old-age insurance relationship, and submit the insurance certificate, the application for the transfer and continuation of the basic old-age insurance relationship in the province, the insured person's ID card and a copy;

3. Go through the formalities, and the business department of the social security institution of the insured place shall examine the transfer application of the insured person on the spot; For those who meet the requirements, within 5 working days, the social security agency of the insured person's original insured place will issue a contact letter for the transfer of the basic old-age insurance relationship in the province; For those who do not meet the transfer conditions, inform the employer or the insured of the reasons and policy basis for not handling; After receiving the contact letter, the social security agency of the original insured place will complete all transfer-out procedures within 15 working days according to the insured person's confirmed insurance information records and the arrival of funds; After receiving the basic old-age insurance relationship and fund of the insured transferred by the social security agency of the original insured place, the social security agency of the insured place shall complete the relevant transfer procedures within 10 working days, and promptly notify the employer or the insured person for confirmation.

In summary, the endowment insurance in the province generally does not need to be transferred. When the employee resigns from the original unit, the original unit shall handle the resignation and termination procedures for the resigned employee within 15 days. After re-employment, go through the employment insurance formalities in the new unit, and the social security endowment insurance will be automatically transferred to the new unit.

Legal basis:

Article 10 of People's Republic of China (PRC) Social Insurance Law

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.