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How long it takes to open a Shanghai pension after it's sealed
As soon as you start paying social security again, your Shanghai pension can be automatically opened and sealed. Pension insurance is a guarantee for future retirement, and it can only be taken out if the pension insurance relationship is terminated. The termination of the pension insurance relationship is specific to the loss of the Chinese people*** and the nationality of the insured person, the termination of the pension insurance relationship by the written application of the person and other four kinds of cases.
The termination of the pension insurance relationship has four specific cases
1, the loss of Chinese people's **** and the nationality of the insured person, by the person himself or herself in writing to apply for the termination of the pension insurance relationship.
2, foreigners, obtaining permanent (long-term) residency, Taiwan, Hong Kong and Macao staff to Shanghai to participate in the insurance, and the city's employers to terminate or terminate the labor (employment) relationship and leave the country, you can apply for the termination of the pension insurance relationship.
3. Individuals who have participated in the basic pension insurance for employees in the city may apply in writing for termination of the basic pension insurance relationship for employees if they have made contributions for less than 15 years (including extension of contributions in accordance with the regulations) after reaching the statutory retirement age and have not been transferred to the urban and rural residents' pension insurance.
4. After the death of a person participating in the basic pension insurance relationship, the balance of his/her basic pension insurance individual account can be inherited in accordance with the law.
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