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How do migrant workers transfer endowment insurance?
2. Migrant workers stop employment or return home without continuing to pay fees. The social security agency of the original insured place retains its basic old-age insurance relationship, retains all its insurance payment records and personal accounts, and the amount stored in personal accounts continues to bear interest according to regulations. Migrant workers who return to urban employment and continue to pay insurance premiums, whether they return to the original insured place for employment or go to other cities and towns for employment, should calculate their payment period according to the above provisions and calculate the amount of their personal accounts together. Those who meet the conditions for receiving benefits shall enjoy the same basic old-age insurance benefits as urban workers; If migrant workers no longer return to urban employment, their insurance payment records and personal accounts in cities and towns are all valid, and they can enjoy the basic old-age insurance benefits for urban workers according to the actual situation of migrant workers, or they can be transferred to the new rural social old-age insurance when they meet the prescribed conditions.
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