When will the national overall planning of endowment insurance be implemented?

The national overall implementation time of endowment insurance is from June 2022 to June 2022. Because the press conference for the fourth quarter of 2002 1 was held in Ministry of Human Resources and Social Security on February 22nd, 2022, the relevant staff attending said that according to the decision-making arrangements of the CPC Central Committee and the State Council, the national endowment insurance will be implemented from June this year. After the implementation of the national overall planning system, the surplus and deficiency of the current cross-regional pension insurance fund will be adjusted nationwide to ensure that the pension is paid in full and on time, which will solve the structural contradiction of the fund in the system and ensure the pension payment in difficult areas. We will work with relevant departments to strengthen the management of the transfer payment of the national pooling fund to ensure the safety and smoothness of funds.

Legal basis: Article 58 of the Social Insurance Law of People's Republic of China (PRC) stipulates that the employer shall apply to the social insurance agency for social insurance registration for employees within 30 days from the date of employment. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay. Employees-free individual industrial and commercial households who voluntarily participate in social insurance, part-time employees who do not participate in social insurance in the employing unit and other flexible employees shall apply to the social insurance agency for social insurance registration. The state establishes a national unified personal social security number. Personal social security number is a citizen's identity number.