I paid social endowment insurance for eight years before, but I have stopped paying it for three years because I go to school full time. Should I make up the insurance money that I stopped paying befo

I paid social endowment insurance for eight years before, but I have stopped paying it for three years because I go to school full time. Should I make up the insurance money that I stopped paying before? This friend paid social endowment insurance for eight years before, but he stopped paying it for three years because he went to school full time. From a practical point of view, there are two situations about the continuation of endowment insurance, which can be referred to according to personal reality! !

1. In order to better ensure your pension insurance benefits when you retire in the future, if the economy allows, it is best to make up the pension insurance that has been suspended for 3 years and calculate the payment period continuously. Note: generally, you have to pay a late fee to pay back the old-age insurance, so you should ask clearly first and calculate the figures!

2. You can also write an application to choose to give up the three-year payment period and not pay back the pension insurance for those three years. In other words, your payment period should be the sum of the first eight years and the next few years, and the continuous payment period is less than three years, which will have a certain impact on your pension insurance benefits when you retire! !

3. From my actual contact: if you have retired for a long time and the economy is not very rich at present, it is ok to choose to give up, and retirement benefits have little impact; If you are old and your retirement time is not very long, you'd better make up for it if the economy allows, so as to ensure your retirement benefits! !

4. At present, the latest policy on endowment insurance: the State Council issued the Notice on Endowment Insurance < the State Council's Decision on Perfecting the Basic Endowment Insurance System for Enterprise Employees > > document (Guo Fa [2005] No.38) stipulates that all kinds of enterprise employees, individual industrial and commercial households and urban flexible employees should participate in the basic endowment insurance for enterprise employees. At present and in the future, we should focus on non-public enterprises, urban individual industrial and commercial households and flexible employees to expand the coverage of basic old-age insurance. It is necessary to further implement the relevant national social insurance subsidy policies and help people with employment difficulties pay insurance premiums. The payment base for urban individual industrial and commercial households and flexible employees to participate in the basic old-age insurance is the average salary of local employees in the previous year, and the payment ratio is 20%, of which 8% is credited to personal accounts. After retirement, the basic pension is calculated and paid according to the basic pension plan for enterprise employees. Reform the method of calculating and distributing basic pensions. In order to connect with the actual personal account, from June 65438+1 October1in 2006, the size of the personal account was adjusted from 1 1% of my paid salary to 8%, which was all formed by individual contributions, and the unit contributions were no longer included in the personal account. At the same time, further improve the incentive and restraint mechanism, encourage employees to pay insurance premiums, and adjust the basic pension calculation and payment methods accordingly.

After the implementation of the Decision of the State Council on Establishing a Unified Basic Old-age Insurance System for Enterprise Employees (Guo Fa [1997] No.26), if the working payment period reaches 15 years (including deemed payment period, the same below), the basic pension will be paid monthly after retirement. Basic pension consists of basic pension and personal account pension. The monthly standard of basic pension at retirement is based on the average monthly salary of local employees in the previous year and my indexed monthly salary, and the payment is paid to 1% every1year. The monthly standard of personal account pension is the amount of personal account storage divided by the number of months, which is determined according to the average life expectancy of urban population and its retirement age and interest when employees retire.

If Guo Fa [1997] No.26 worked before the implementation, and retired after the implementation of this decision, and the accumulated payment period has reached 15, transitional pension will be given on the basis of basic pension and personal account pension. The people's governments of all provinces, autonomous regions and municipalities directly under the Central Government shall, in accordance with the principle of reasonable convergence of treatment levels and smooth transition of old and new policies, formulate specific transition measures on the basis of careful calculation and report them to the Ministry of Labor and Social Security and the Ministry of Finance for the record.

After the implementation of this decision, if the retirement age is reached but the payment period is less than 15 years, the basic pension will not be issued; Personal account storage amount is paid to me in one lump sum, and the basic old-age insurance relationship is terminated.