What is the significance of Beijing social security continuous payment 10 year?

Beijing social security continuous payment 10 year. On the premise that the social security has been paid for 15 years, it means that the insured can choose to go through retirement procedures in Beijing and enjoy the monthly pension treatment for retired workers in Beijing. Or they all choose to move, go back to their place of residence for retirement, and enjoy the monthly pension benefits for retired workers in their place of residence. However, if the accumulated insurance payment in Beijing area is less than 10 years when reaching the legal retirement age, then when going through the retirement formalities, you can only move back to your household registration to go through the retirement formalities and enjoy the monthly pension treatment for retired employees at your household registration.

legal ground

The Interim Measures for the Transfer and Continuation of the Relationship of the Basic Endowment Insurance for Urban Employees Article 6 If the insured who is employed in inter-provincial mobility meets the conditions for receiving benefits, the place for receiving benefits shall be determined in accordance with the following provisions:

(a) the basic old-age insurance relationship in the domicile, the domicile is responsible for receiving treatment procedures, enjoy the basic old-age insurance benefits.

(2) If the basic old-age insurance relationship is not located in the domicile, but the accumulated payment period in the domicile of the basic old-age insurance relationship has reached 10 years, the local treatment collection procedures shall be handled and the local basic old-age insurance benefits shall be enjoyed.

(3) If the basic old-age insurance relationship is not located at the domicile, and the cumulative payment period in the locality where the basic old-age insurance relationship is located is less than 10 year, the basic old-age insurance relationship will be transferred back to the original insured place, and the payment period will be 10 year, thus enjoying the basic old-age insurance benefits.

(4) If the basic old-age insurance relationship is not located at the domicile, and the accumulated payment period in each insured place is less than 10 year, the basic old-age insurance relationship and corresponding funds shall be collected at the domicile, and the domicile shall go through the formalities for receiving the benefits according to regulations and enjoy the basic old-age insurance benefits.