What's the impact of not going through the formalities of stopping insurance?

Legal analysis: if you don't go through the formalities of stopping insurance, the system will show that you are in arrears, and there will be late fees and interest for overdue payment. On the premise that the parties are employed in the registered permanent residence (non-trans-regional) and apply for social security insurance, there is no need to go through the formalities of stopping the transfer of social security relations: (1) After achieving employment, they should show their household registration book, social security card, ID card, education certificate and labor contract. (2) The staff of the employing unit can uniformly declare the newly-added social security insured and participate in the insurance. 2. On the premise of cross-regional employment, it is necessary to go through the social security relationship transfer procedures: (1) You can bring your own household registration book, social security card, ID card, education certificate, labor contract, etc. (2) Consult the staff of the employer (such as the human resources department) or the staff of the local social security department to clarify the specific procedures.

Legal basis: Article 19 of the Social Insurance Law of People's Republic of China (PRC) stipulates that if an individual is employed across the overall planning area, his basic old-age insurance relationship will be transferred accordingly, and the payment period will be calculated cumulatively. When an individual reaches the statutory retirement age, the basic pension is calculated in stages and distributed uniformly. Specific measures shall be formulated by the State Council.