What is the impact after the social security is broken?

The interruption of endowment insurance will affect the payment period of employees and the amount of personal accounts. First, social insurance agencies stop keeping accounts for employees' personal accounts, and second, reduce the amount of deposits in employees' personal accounts. This will directly lead to the decline of pension benefits for employees after retirement. Once the old-age insurance is interrupted, it will seriously affect the collection of future pensions. The longer the interruption, the greater the pension loss. 1. The length of service is not calculated during the interruption period, and the salary loss of future length of service is 2. During the interruption, the personal account funds are not recorded, and the personal account funds will be reduced in the future, and there will be some losses when calculating the pension. 3. When all the interruption time reaches the legal retirement age, the pension will be paid 12 months before the cumulative interruption.

Legal objectivity:

Provisions of Jiangsu Province on Basic Old-age Insurance for Enterprise Employees Article 19