How to get old-age insurance

If the employee pays the endowment insurance in full, it will accumulate for 15 years, and he can receive the pension on a monthly basis after retirement. The process is as follows:

1. Make an appointment in the service hall of the social security service center and go through the retirement review procedures;

2. Go to the window set up by the Human Resources and Social Security Bureau for retirement approval;

3. If you meet the retirement conditions, please bring the retirement approval form and yourself to the personal payment window to modify the basic information and confirm the payment;

4. Go to the designated bank to handle the pension agency.

Old-age insurance, the full name of social basic old-age insurance, is a social insurance system established by the state and society according to certain laws and regulations for workers to reach the working age limit stipulated by the state to terminate their labor obligations or to retire from their jobs because of old age. Endowment insurance is an important part of social security system and one of the five most important social insurances. The purpose of endowment insurance is to protect the basic needs of the elderly and provide them with a stable and reliable source of life.

Legal basis:

People's Republic of China (PRC) social insurance law

Sixteenth individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have accumulated contributions for fifteen years when they reach the statutory retirement age. Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.

Tenth employees should participate in the basic old-age insurance, and employers and employees should pay the basic old-age insurance premium. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium.

Derivative problem:

What are the characteristics of endowment insurance?

Generally speaking, endowment insurance has the following main features:

(1) mandatory.

Through legislation, the state forces employers and individual workers to participate in old-age insurance according to law, fulfill their rights and obligations entrusted by law, and pay old-age insurance premiums. When workers reach the legal retirement age, they can go to the social insurance department to receive the basic pension, enjoy the basic old-age insurance benefits, and guarantee the basic life after retirement.

(2) mutual assistance.

The source of endowment insurance expenses is generally shared by the state, enterprises, units and individuals, so as to realize social co-ordination and mutual assistance of endowment insurance expenses at a higher level and in a larger scope.

(3) universality.

Everyone has old age, which is a necessary stage in life. The problem of providing for the aged is not only a social problem, but also a global problem, which is related to the economic and civilized development of a country or society and needs to be paid enough attention. Because the old-age insurance is implemented in a wide range, the insured enjoys treatment for a long time and the cost is huge, therefore, the government must set up special institutions to unify legislation, formulate rules, manage and implement in the whole society.