Is social security continuous or cumulative?

The cumulative calculation of social security can interrupt the transfer without affecting the previous personal account and payment period. Accumulated years, enjoy the corresponding treatment after retirement.

Social security pension insurance has been paid for 15 years, and you can go through retirement procedures and begin to enjoy pension benefits when you reach the legal retirement age.

According to the current regulations, if the accumulated payment period is over fifteen years, you can receive the old-age insurance money on a monthly basis after retirement. If the cumulative payment period is less than fifteen years due to intermittent payment, you can only receive a one-time pension.

For those who pay the old-age insurance premiums intermittently, personal account pension and transitional pension will be directly affected when they meet the retirement conditions stipulated by the state and calculate the basic old-age insurance benefits. At the same time, the basic pension is calculated. Based on the average social wage of employees in the city in the previous year, the average social wage of employees in the city before the last intermittent payment is taken, and the arithmetic average is taken. In this way, the base of the basic pension will be reduced, and the relative basic pension will also be reduced.

At present, the composition of pension is: 20% of the local average social wage in the previous year+1120 of the total pension account. In other words, the more years you have paid social security, the higher the base, the more personal social security accounts, and the more pensions you receive when you retire.

What is social security?

Social security, that is, social insurance, refers to the income or compensation guarantee provided for those who are unable to work, temporarily unemployed or suffer losses due to health reasons. The main items of social security include endowment insurance, maternity insurance, unemployment insurance, medical insurance and industrial injury insurance.

To sum up, stopping paying social security for three months will not have any impact on the old-age insurance, because the individual part of the old-age insurance is cumulative, so it will not be affected.

Legal basis:

Article 16 of People's Republic of China (PRC) Social Insurance Law

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.

Article 17

If an individual who participates in the basic old-age insurance dies due to illness or non-work, his survivors can receive funeral grants and pensions; Persons who have completely lost their ability to work due to illness or non-work-related disability before reaching the statutory retirement age can receive disability allowance. The required funds are paid from the basic old-age insurance fund.