What are the effects of overdue social security

Once social security is broken and you stay out of work for more than a month, your social security payments are broken, and that can cause a lot of problems. Why? Let's start with Medicare, women pay enough for 20 years and men pay enough for 25 years to retire for life. Medical insurance has a 3-month buffer from the date of cessation of payment, and if this period is exceeded, the number of consecutive years of payment has to be recalculated.

Additionally, medical insurance can generally be interrupted three times, or else the years of contribution will have to be recalculated. During the interruption period, you will not be entitled to all health insurance benefits such as medical reimbursement.

As for pension insurance, according to the Interim Measures for the Administration of Employee Basic Pension Insurance Individual Accounts, pension insurance can only be enjoyed for life after 15 years of payment and retirement. Generally speaking, these 15 years are cumulative calculation, in the middle if broken, renewed on the good, but the retirement treatment will have some impact, this will be talked about later. As for unemployment and maternity insurance, as long as you pay enough for one year before you use it, and workers' compensation insurance is payable immediately.

In addition to the impact on the participant's contribution period accounting, social security benefits to receive the "long term" results, in some cities, the participant's short-term home and car purchase and settlement plan is more direct impact.

In megacities such as Beijing and Shanghai, the number of years of continuous payment of social security is directly linked to the qualification for buying a house, a car or a household.

Buying a house

Beijing: five consecutive years

Non-Beijing residents to buy a house, social security or (personal income) tax payment for five years, the so-called full five years refers to the month in which you buy a house to the front of the five years, must be continuous payment, the middle of the intermediate breaks need to restart calculating the continuous payment time.

Shanghai: 5 consecutive years

Non-Shanghai resident families to buy a home, you need to buy a home from the date of continuous payment of personal income tax or social security for five years and above, can not be interrupted, a one-time retroactive payment will not be recognized.

Guangzhou: three consecutive years

Non-Guangzhou residents must pay three or more years of continuous individual income tax or social security within five years in Guangzhou.

Shenzhen: 3 consecutive years

Non-Shenzhen residents must have paid social security for three years (37 months) without interruption.

Buying a car

Beijing: 5 consecutive years

Non-Beijing residents participating in the car purchase lottery are required to hold a valid Beijing Work Residence Permit, or hold a valid Temporary Residence Permit in the city and have paid social insurance and personal income tax in the city for five consecutive years or more (inclusive).

Shanghai: 3 consecutive years

The prerequisite for non-Shanghai residents to participate in the license plate auction is to hold a Shanghai residence permit and to have paid social insurance or individual income tax in Shanghai for three consecutive years since the date of application.

Settlement

Beijing: 7 consecutive years

Beijing's Measures for the Administration of Points Settlement (Trial), released on August 11, 2016, specifies that an applicant applying for points settlement should meet the following conditions at the same time: (a) holding a residence permit in the city; (b) not exceeding the legal age of retirement; (c) having paid social insurance continuously in Beijing for 7 years or more; and (d) having no criminal record.

Shanghai: Priority for 3 consecutive years

Shanghai residence permit holders are required to participate in the Shanghai urban social insurance for 7 years in order to apply for a permanent residence in Shanghai; those who have paid urban social insurance for the last 3 consecutive years in Shanghai at a base higher than twice the average wage of the employees of Shanghai in the previous year are given priority in applying for a permanent residence in the city.

Changing jobs social security can not be broken

"Social security paid for 10 years, the middle of the interruption of changing jobs more than 3 months, and have to recalculate." A microblogging netizen's trolling attracted many followers, comments more than that they have encountered a similar situation. So, if you're ready to change jobs, how do you keep social security from being constantly paid?

Generally speaking, if you leave your job after the 15th of the month, the original company will pay the social security for that month, and if you join a new company before the 15th of the next month, the new company will pay the social security for the next month. Therefore, before resigning, you must find out when the old company and the new company pay social security, so as to avoid a break.

If you quit your job (without looking for your next employer), local urban residents can apply for self-funded pension and medical insurance at the social security bureau of your domicile. If you are not a local urban resident, you can look for a unit to depend on and pay for your social security through the dependant unit.

Legal basis:

Social Insurance Law of the People's Republic of China

Article 63

If an employer fails to pay social insurance premiums in full and on time, it shall be ordered to pay the premiums within a certain period of time by the social insurance premium collection agency. If the employer fails to pay the social insurance premiums in full or on time, the social insurance premium collection agency may inquire into the deposit accounts of banks and other financial institutions; it may also apply to the relevant administrative departments at or above the county level to make a decision on the allocation of social insurance premiums, and notify in writing the banks or other financial institutions where the account is opened to allocate the social insurance premiums. If the balance of an employer's account is less than the amount of social insurance premiums that should be paid, the social insurance premium collection agency may require the employer to provide a guarantee and sign an agreement on deferred payment of premiums. If the employer fails to pay the full amount of social insurance premiums and does not provide a guarantee, the social insurance premium collection agency may apply to the people's court for the seizure, attachment or auction of the property whose value is equal to the social insurance premiums that should be paid, and the proceeds of the auction will be used to offset the payment of social insurance premiums.