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The difference between Shanghai social security temporary account and ordinary account
2. If it is an ordinary account, when it reaches the statutory retirement age, it can continue to pay until it is less than 10 years 15 years, and then go through retirement procedures and receive a monthly pension;
3. If it is an ordinary account, the payment there is less than 10 years when it reaches the legal retirement age, so it is only necessary to transfer social security across provinces and cities, which is related to its future retirement benefits, or to handle surrender and liquidation.
Temporary account:
Being a temporary account means that you are not eligible to retire there in the future. You can only transfer the social security relationship between provinces and cities to your future retirement benefits, handle it twice, or handle the surrender liquidation.
Legal basis: Article 5 of the Notice on Forwarding the Interim Measures of Ministry of Human Resources and Social Security and the Ministry of Finance for the Transfer and Continuation of the Relationship of Basic Old-age Insurance for Urban Enterprise Employees keeps the relationship of basic old-age insurance in the original insured place, and establishes a temporary payment account of basic old-age insurance in the new insured place.
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