How do foreigners pay their social security in Yiwu?

Social insurance is mainly through raising social insurance funds, coordinating and adjusting social insurance funds within a certain range, and giving necessary help to workers when they encounter labor risks. The following is how foreigners pay their own social security in Yiwu, hoping to help everyone!

1. After the insured establishes the basic old-age insurance relationship in the new employment place and pays the fee according to the regulations, the employer or the insured shall submit a written application for the transfer and continuation of the basic old-age insurance relationship to the social security agency in the new employment place.

2. The social security agency of the newly insured place will review the application for transfer and continuation within 15 working days, send an acceptance letter to the social security agency where the insured person's original basic old-age insurance relationship is located, and provide relevant information. It should also be noted that the minimum payment period for old-age insurance is 15 years, and the minimum payment period for medical insurance is 25 years. And when you reach retirement age, you can apply for pension benefits and medical reimbursement concessions.

20 18 and 15 provinces (autonomous regions and municipalities) adjusted the minimum wage standard; Establish and implement the central adjustment system of the basic old-age insurance fund for enterprise employees; Establish a mechanism for determining the basic old-age insurance benefits for urban and rural residents and the normal adjustment of basic pensions; Old-age insurance, unemployment insurance and industrial injury insurance will be reduced in stages, reducing the cost for enterprises by 654.38+84 billion yuan; By the end of 20 18, 17 provinces, autonomous regions and municipalities had entrusted to invest 858 billion yuan in the basic old-age insurance fund. 20 19 in the field of social security, China will further improve the level of social security benefits, accelerate the provincial-level overall planning of endowment insurance, and accelerate the transfer of state-owned assets to social security and entrusted investment in pensions. Put forward a specific plan to reduce the social security rate as soon as possible. Judging from the 20 19 livelihood list issued by local people's congresses, the implementation of policies such as improving people's livelihood, raising the level of pension benefits, promoting the reform of the old-age insurance system, realizing the provincial-level overall planning of pensions, and increasing the reduction of social security rates will also be accelerated.

Legal basis: Article 2 of the Social Insurance Law of People's Republic of China (PRC) The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance, maternity insurance, etc., to protect citizens' right to get material help from the state and society according to law in case of old age, illness, industrial injury, unemployment and maternity.