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What does it mean to participate in insurance before the implementation of the Social Insurance Law?
Insure before the social insurance law takes effect. According to the provisions of the Social Insurance Law, those who were insured before the implementation of the Social Insurance Law in July, 201/year, and are still less than 15 years after the extension of payment for 5 years, can pay in one lump sum to 15 years. After 20 11July1,those who are dissatisfied with 15 at the time of retirement can only enjoy the old-age insurance benefits by paying fees year by year until 15. Among them, the insurance before the implementation of the Social Insurance Law refers to the insurance before the entry into force of the Social Insurance Law. In order to standardize the social insurance relationship, protect the legitimate rights and interests of citizens to participate in social insurance and enjoy social insurance benefits, enable citizens to share the fruits of development, and promote social harmony and stability, the Social Insurance Law of People's Republic of China (PRC) is formulated.
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