The difference between social security basic account and temporary account

The difference between social security basic account and temporary account is as follows:

1, for the insured object:

For social security in basic account, before 65438+1 October 1, the insured person was employed in a non-registered place, and after 65438+1October/,if the male reached 50 years old and the female reached 40 years old, the insured person reached 50 years old and the female reached 40 years old during the payment interruption period. A general payment account must be set up;

Temporary payment account, for men over 50 years of age, women over 40 years of age, the first time the insured place is not the domicile, the insured place to establish a temporary basic old-age insurance payment account.

2. The transfer ratio of the overall fund (unit payment) in the account is different:

Social Security basic account: If the payment ratio is higher or lower than 12, the transfer amount shall be calculated according to the standard of 12;

Temporary account: when the insured's inter-provincial floating employment is transferred to the overall fund, it belongs to the temporary basic old-age insurance payment account, and if the unit payment ratio exceeds 12, the transfer amount shall be calculated according to the actual payment ratio; If it is lower than 12, the transfer amount shall be calculated according to 12.

3. Statutory retirement conditions:

Social Security basic account: When you meet the conditions for receiving retirement benefits, you can directly register and enjoy the policy;

Temporary basic old-age insurance account: when the insured reaches the conditions for receiving benefits during the establishment of the temporary basic old-age insurance payment account, the place where the basic old-age insurance relationship was originally reserved shall be responsible for collecting and merging the temporary basic old-age insurance payment account. Among them, if there is only a temporary basic old-age insurance payment account, the place where the household registration is located shall be responsible for the collection and merger, and the insurance information shall be registered at the same time as the transfer formalities.

Legal basis: Article 16 of the Social Insurance Law of People's Republic of China (PRC).

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.