When social security began to be implemented.

China has implemented social insurance system since 1993.

1993, China tried out the old-age insurance system in some state-owned enterprises, and began to pay the old-age insurance premiums jointly by units and individuals, that is, to implement the social security system.

However, the first Social Insurance Law of People's Republic of China (PRC) came into effect on July 20 1 1. This law emphasizes the legal rights of the insured. In the design and implementation of the insurance system, the protection of the rights of the insured always focuses on providing government services. Many specific systems are designed to protect the rights of the insured. Many contents reflect the more comprehensive protection of the rights of the insured.

The Social Insurance Law of People's Republic of China (PRC) is an important law that plays a supporting role in the socialist legal system with Chinese characteristics, and it is a law that focuses on safeguarding and improving people's livelihood. Its promulgation and implementation is another milestone in the legal construction of human resources and social security in China, which is of great significance for establishing a social security system covering urban and rural residents, better safeguarding the legitimate rights and interests of citizens to participate in social insurance and enjoy social insurance benefits, enabling citizens to enjoy the fruits of development and promoting the construction of a harmonious socialist society.

At present, China has established social insurance systems such as basic old-age insurance, basic medical insurance and industrial injury insurance.

If an individual who participates in the basic old-age insurance for employees dies, the balance in the individual account can be fully inherited. Individuals who participate in the basic old-age insurance for employees to leave the country and settle down before reaching the statutory retirement age will keep their personal accounts; Those who have reached the statutory retirement age shall enjoy the corresponding pension insurance benefits in accordance with state regulations. Those who participate in the basic old-age insurance for employees can pay less than 15 years when they reach the statutory retirement age, and the payment can be extended to 15 years. If it is less than 15 years after being insured before the implementation of the social insurance law and extending the payment for 5 years, it can be paid in one lump sum. For those who do not continue to pay after the deferred payment or the accumulated payment period is still less than 15 years, they can apply to transfer to the new rural social endowment insurance or urban residents' social endowment insurance and enjoy the corresponding pension insurance benefits. Unwilling to extend the payment to 15 years or transfer to the new rural social endowment insurance or urban residents' social endowment insurance, you can apply for a one-time payment of personal account storage.

Legal basis:

According to Article 2 of the Social Insurance Law of People's Republic of China (PRC), the state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance, maternity insurance, etc., to protect citizens' right to get material help from the state and society according to law in case of old age, illness, industrial injury, unemployment and maternity.

Article 98 of the Social Insurance Law of People's Republic of China (PRC) This Law shall come into force as of July 20 1 1.