New Social Security Payment Policy in Inner Mongolia 202 1

You can go through the retirement formalities after paying the annual fee, and then you can receive the pension on a monthly basis. It should be noted here that depending on the length of overdue payment, there will be a certain late payment fee to be borne by yourself.

2. Delayed retirement

The basic old-age insurance accounts for urban and rural residents are divided into basic old-age insurance accounts and individual old-age insurance accounts. The higher the level of personal account pension payment, the longer the payment period and the more pensions. Delaying retirement, as its name implies, is to use the number of years that should have been retired and then continue to work, thus filling the social security gap.

3. Transfer of social security for urban and rural residents

China's current social security is divided into two categories: urban workers' social security and urban and rural residents' social security. If the employee social security fee is paid by the employee of the unit, the unit shall bear part of it and the individual shall bear a small part. Of course, the more money you pay, the better your pension and medical benefits will be.

4. Give up paying social security.

Legal basis: Article 63 of the Social Insurance Law of People's Republic of China (PRC) stipulates that if an employer fails to pay social insurance premiums in full and on time, the social insurance premium collection agency shall order it to pay or make up within a time limit.