What does it mean for institutions to participate in social security from today? I am a teacher. What's the difference between social insurance and the insurance we pay now?

1. Without the 38-month old-age insurance you paid in the past, your length of service would be 38 months shorter, so your employment, grading, promotion, retirement, annual leave and welfare in public institutions will be affected.

When you retire, the dual-track pension insurance system will definitely merge. At that time, your 38-month pension insurance payment amount and fixed number of years will naturally merge.

2. Social insurance cannot be surrendered. Therefore, you can't retreat to personal hands.

3. Increase the service life of your organization.

5. See 1

6. Don't bother. You can transfer the 38-month old-age insurance together, and then print a payment voucher for the old-age insurance and give it to your institution.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.