Is there a deadline for social security transfers? How long does it take to get it done?

There is generally no time limit for social security transfers. The policy stipulates that each process should be completed within 15 working days, which means that it takes 45 working days for the participants to complete all the procedures. Participants should follow the process to the social security office in their place of insurance to apply and complete the procedures.

Is the transfer of social security by the deadline?

Anywhere in the world?

There is no time limit for the transfer of social security, but up to 45 working days to complete all the formalities.

The process:

(1) The participants in the new employment in accordance with the provisions of the establishment of the basic pension insurance relationship and payment, by the employer or the participants in the new social security agency to the new participants in the transfer of the basic pension insurance relationship of the written application.

(2) The social security agency of the new place of participation in 15 working days, review the application for transfer and continuation, in line with the conditions set out in these measures, to the participants of the original basic pension insurance relationship of the location of the social security agency issued a letter of consent to accept, and provide relevant information; does not meet the conditions of transfer and continuation, to the applicant unit or participant to make a written explanation.

(3) The social security agency in the place where the original basic pension insurance relationship is located, within 15 working days of receiving the letter of consent to acceptance, will handle the transfer of the various procedures.

(4) Upon receipt of the transfer of basic pension insurance relations and funds from the social security agency in the place where the participant's original basic pension insurance relations are located, the agency in the new place of participation shall complete the relevant procedures within 15 working days, and promptly notify the employer or the participant of the confirmation.

(5) The number of years of pension insurance contributions is cumulative, allowing for gaps in between, which can be made up or not.

The way to calculate premiums:

The amount of contribution = the contribution base multiplied by the contribution ratio.

1, social security contribution base

social security contribution base, is the enterprise or individual workers used to calculate the salary base for social insurance premiums, with this base multiplied by the prescribed rate, is the amount of social insurance premiums should be paid by the enterprise or individual.

The social security contribution base in each region is linked to the local average wage data. It is determined according to the monthly average of all wage income earned by employees from January to December of the previous year. It is determined once a year, and after it is determined, it will not be changed within a year. The time for social security base declaration and adjustment is usually in July.

Enterprises generally take the total wages of the enterprise employees as the contribution base, half of the individual employees will be the average monthly salary of the previous year for the individual to pay social insurance premiums for the wage base. In China, the contribution base is approved by the social insurance agency according to the declaration of the employer, according to the law.

2. Contribution ratio

The contribution ratio is the rate of social insurance premiums. China's Social Insurance Law does not make specific and clear provisions for the social insurance contribution rate. According to our current social insurance related policies, we have implemented different contribution ratios for different types of social insurance.

It is worth noting that the insured person should now go to the new place of employment to complete the relevant procedures, and then go to the original place to submit the relevant procedures, if you are not clear, please consult the local social security agency.

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