How to suspend endowment insurance online

Online suspension of endowment insurance operation is as follows:

Tools: iPhone 13, IOS 16. 1. 1, Alipay 10.3.30.

1. Go to Alipay home page and select Citizen Center.

2. Enter the Civic Center and choose Social Security.

3. Enter social security, choose urban and rural endowment insurance and stop insurance.

4. If you enter the urban and rural endowment insurance and stop the insurance, you can suspend the endowment insurance online.

Significance of pension insurance payment

1, which is conducive to ensuring labor reproduction. The establishment of the old-age insurance system is conducive to the normal intergenerational replacement of the labor force, the retirement of the elderly, the smooth employment of the newly growing labor force and the rationalization of the employment structure.

2, conducive to social security and stability. Endowment insurance provides basic living security for the elderly and makes them feel safe. With the arrival of the aging population, the proportion of the elderly population is increasing and the number is increasing. Old-age insurance guarantees the basic life of elderly workers, which is equivalent to ensuring the basic life of a considerable number of people in society.

3. It is conducive to promoting economic development. The pension insurance system designed by many countries links fairness with efficiency, especially the partial accumulation and complete accumulation pension fund raising model. The amount of pension received by workers after retirement is directly related to their wage income and payment during their on-the-job work, which can undoubtedly stimulate workers to work actively during their on-the-job work and improve efficiency.