Pension insurance has an account in each of two cities, can I go back and merge them after a few years?

Pension insurance has an account in each of the two cities and it is possible to merge them.

Pension insurance is an important part of the social security system and is one of the most important of the five major types of insurance. The purpose of pension insurance is to protect the basic needs of the elderly and provide them with a stable and reliable source of livelihood.

On October 18, 2017, Comrade Xi Jinping pointed out in the report of the 19th National Congress that the social security system should be strengthened. A multi-level social security system covering all people, urban and rural areas in an integrated manner, with clear rights and responsibilities, appropriate protection and sustainability, has been comprehensively built. Fully implement a universal insurance program. Improve the basic pension insurance system for urban workers and basic pension insurance for urban and rural residents, and realize the national coordination of pension insurance as soon as possible.

Expanded Information

The pension insurance systems of different countries around the world are categorized as follows:

1. The pension insurance system is implemented in a group of emerging market economies, represented by Singapore, Chile and other countries, emphasizing the principle of self-protection, the implementation of the full accumulation of the fund model, the establishment of different types of personal pension insurance account or "provident fund" account.

2. State-type pension insurance. The state-type pension insurance system was once practiced in most planned economies, represented by the former Soviet Union and Eastern European countries. In accordance with the principle of "state turnkey", the employer contributes, the state unified organization and implementation, workers participate in the management, the standard of treatment is unified, the level of protection is high.

3, traditional pension insurance. Traditional pension insurance to the United States, Germany, France and other developed market economy countries as a representative of the implementation of the "selective" principle, that is, does not cover all nationals, but to select a part of the community to participate, emphasizing the treatment of wages and income and contributions (taxes) associated with, and therefore also known as the "income-associated The "old-age pension insurance".

Baidu Encyclopedia - Pension Insurance