What if the affiliated company retires without running water?

The affiliated company does face some challenges when it retires without running water, but it is not unsolvable. The key is to understand the source and calculation method of pension, and find a suitable solution accordingly.

First of all, it needs to be clear that pensions are usually related to personal social security payment records, wage flows, and working years. In the case that affiliated companies have no running water, the most direct impact may be the lack or insufficiency of social security payment records. This may lead to a low pension calculation base, which in turn will affect the final pension amount.

However, this does not mean that people affiliated with the company can't get a pension. One possible solution is that individuals can take the initiative to pay social security fees to make up for the previous shortcomings. In terms of specific operations, you can consult the local social security department to understand the specific policies, processes and required materials for overdue payment. By paying back, individuals can ensure that their social security records are more complete, so as to get higher pension benefits when they retire.

In addition, for those who are affiliated with the company, they can also consider accumulating pension funds through other channels. For example, you can buy commercial endowment insurance products as a supplement to social security. Commercial endowment insurance is usually more flexible and customized, and can be selected according to individual needs and budget.

At the same time, individuals can also strengthen their own financial management and planning, and accumulate more pension funds through savings and investment. This can not only improve the quality of life after retirement, but also cope with various risks and challenges that may arise.

To sum up:

When affiliated companies retire without running water, individuals can cope by paying social security fees, buying commercial endowment insurance and strengthening financial management. These measures can help individuals get a more stable source of income when they retire and ensure the quality of life in their later years.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 16 stipulates:

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age. Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.

Labor law of the people's Republic of China

Article 73 provides that:

Workers shall enjoy social insurance benefits according to law under the following circumstances: (1) Retirement; (2) Being sick or injured; (3) Being disabled at work or suffering from occupational diseases; (4) unemployment; (5) bearing. After the death of an employee, his survivors shall enjoy the survivors' allowance according to law. The conditions and standards for workers to enjoy social insurance benefits shall be stipulated by laws and regulations. Social insurance premiums enjoyed by workers must be paid in full and on time.