What does it mean that the old-age insurance has not been settled?

If the pension insurance managed by the company shows that it has not been settled, that is to say, it has not yet been settled. When it comes to settlement, the company will go to the social security center to settle the endowment insurance.

The process of paying endowment insurance is that the unit submits social insurance payment on its own computer. Payment information will be submitted to the tax system after being audited by the Social Security Bureau, which will be deducted from the bank account of the unit by the tax bureau.

If there is a problem in any of these links, such as not submitting in time, not deducting fees in time, or deducting fees, but the balance of the company's fund account is insufficient, it will not be settled or not received or on the way.