Name change will have no effect on pension insurance

Changing your name will have no effect on your pension insurance. The participant of that name can bring the household book, ID card and other documents to the social insurance organization to apply for change of information, after the change of information, the fees paid before will not be changed, and still belong to the participant's entitlement.

The role of pension insurance:

1. Pension insurance is conducive to ensuring the reproduction of labor. The establishment of the system of basic old-age insurance can allow the elderly to retire in old age, the new growth of the labor force smoothly employed, to ensure the rationalization of the employment structure.

2. Pension insurance is conducive to social security and stability. The basic old-age insurance provides the basic life protection for the elderly, so that the elderly will be able to support themselves in their old age. If you buy a commercial pension insurance, it can be used as a supplement to the social security pension, so that the elderly in their old age a higher quality of life, is conducive to social stability.

3, pension insurance is conducive to promoting economic development. The basic pension insurance system is linked to the labor income during the working period, that is to say, the more you pay when you are young, the more you will receive when you are old, which can motivate the workers to work actively during the working period, and at the same time, it can also make the economy develop better. The same applies to commercial insurance: the more you pay when you're young, the more you'll receive when you're old.

4. Pension insurance protects against the effects of old age. Pension insurance is to allow people to have an income in old age, pension insurance can be collected when they reach retirement age, commercial pension insurance can also have a sum of money when they reach the agreed age of collection, which can make the old age stage to be protected.

5, pension insurance can make the elderly have money to see a doctor. After retirement, old age sick to see a doctor for treatment is reimbursed, while pension insurance whether social security or commercial insurance to pay the pension, can also be used as a supplement to the medical expenses.

Legal basis:

Article 10 of the Social Insurance Law of the People's Republic of China

Employees shall participate in basic pension insurance, and shall pay the basic pension insurance premiums by the employer and the employee*** together.

Individual industrial and commercial households without employees, part-time workers who have not participated in basic pension insurance with their employing units, and other flexibly employed persons may participate in basic pension insurance and pay basic pension insurance premiums by themselves.

The methods of pension insurance for civil servants and staff members administered under the civil service law shall be prescribed by the State Council.