Job Recruitment Website - Social security inquiry - What is the impact after the social security is stopped? What is the impact after the social security is stopped?

What is the impact after the social security is stopped? What is the impact after the social security is stopped?

1. If the accumulated social security payment is insufficient 15 years, no pension will be received after retirement. According to Article 16 of the Social Insurance Law, individuals who have participated in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid for 15 years at the statutory retirement age.

2. If the medical insurance is suspended midway, the medical insurance benefits will be suspended during the suspension. Those who have paid medical insurance contributions for 10 years before retirement can enjoy lifelong medical insurance after retirement. If men have not paid for 30 years and women have not paid for 25 years, the medical insurance benefits after retirement will be reduced accordingly.

Article 36 of the Regulations on Basic Medical Insurance for Urban Employees. Employees who retire after the implementation of these regulations are required to pay basic medical insurance premiums, with men over 30 years and women over 25 years. After retirement, the basic medical insurance treatment standard shall be implemented in accordance with the provisions of these regulations.

4. When an employee retires, if the payment period of the basic medical insurance premium does not reach the provisions of the preceding paragraph, the basic medical insurance benefits enjoyed after retirement will be reduced by 5% on the prescribed treatment standard every full year 1 year.

5. Article 37 of the Regulations on Basic Medical Insurance for Urban Workers stipulates that retirees who actually paid the basic medical insurance premium before retirement are less than 10 years, and those who did not pay the basic medical insurance premium after retirement will not enjoy the basic medical insurance benefits for retirees stipulated in these regulations.