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Social security incapacity benefit
Social pension insurance did not pay the full incapacity for work can receive invalidity benefits.
Social security treatment for disability due to illness or not due to work:
Those who are totally incapacitated for work due to illness or not due to work when they have not reached the legal retirement age can receive invalidity allowance. The invalidity allowance is a financial compensation given by the basic pension insurance fund to the aforementioned special insured persons. The invalidity allowance is a new system, and there is no corresponding standard for the allowance, which requires the introduction of corresponding supporting regulations.
Pension insurance, known as basic social pension insurance, is a social insurance system set up by the state and society in accordance with certain laws and regulations to solve the basic livelihood of workers after they reach the working age limit stipulated by the state for the termination of their labor obligations, or quit their jobs due to loss of working capacity in old age.
Pension insurance is an important part of the social security system and is one of the most important of the five major types of social insurance. The purpose of old-age insurance is to protect the basic needs of the elderly and provide them with a stable and reliable source of livelihood.
Old-age insurance comes into play automatically when the elderly within the legal scope of the "complete" or "basic" withdrawal from social and labor life.
The so-called "complete" withdrawal is characterized by the separation of the worker from the means of production;
The so-called "basic" withdrawal means that participation in productive activities has ceased to be a major part of social life.
The legal age limit is the practical measure.
At the same time, the insured person can only meet the following two conditions, namely:
Reaching the retirement conditions stipulated by the state has gone through the relevant procedures;
Paying the basic pension insurance premiums in accordance with the provisions of the cumulative total of 15 years of contributions, the administrative department of labor security approved by the next month, you can receive the basic monthly old-age pension and funeral subsidies, etc..
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