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How to choose the payment year of endowment insurance
Old-age insurance refers to a social welfare security system, whose purpose is to provide subsidies for those elderly people who can't maintain their basic life, so as to help them spend their old age better. Old-age insurance is divided into three categories: urban workers' old-age insurance, urban and rural residents' old-age insurance and unemployment insurance.
According to the current endowment insurance regulations, people who participate in endowment insurance must pay certain social insurance premiums. According to the regulations, they need to pay more than 15 to enjoy the pension. As long as you pay social insurance premiums within 15, you can get a pension. It can be said that how many years old-age insurance is cost-effective, 15 is a small requirement. If they can participate in endowment insurance for a long time,
There are two main ways to pay endowment insurance, one is enterprise withholding, and the other is individual payment. If it is withheld by the enterprise, then the enterprise will deduct a certain percentage of social insurance premiums on a monthly basis according to wages and regulations, and the enterprise will pay it on its behalf; If individuals pay by themselves, they need to pay a certain percentage of social insurance premiums on a monthly basis according to their own income and regulations to ensure that they can get a pension.
To sum up, participating in endowment insurance can bring many benefits, including medical assistance and housing subsidies. And you can get a pension. The size of the pension depends on the payment time. As long as you pay social insurance premiums on time, you can get a pension.
Legal basis:
People's Republic of China (PRC) social insurance law
Article 4
Employers and individuals in People's Republic of China (PRC) pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights records, and require social insurance agencies to provide social insurance consultation and other related services.
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