Is it a loss to transfer business to enterprise social security?

There is no loss in transferring business to enterprise social security. You don't have to transfer to social security now. As long as the original unit stops social security, there is no need to go through the formalities. Now the unit can directly apply for social security with the ID number. The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to receive material assistance from the state and society in accordance with the law when they are old, sick, injured, unemployed and have children. The social insurance system adheres to the principles of wide coverage, basic protection, multi-level and sustainability, and the level of social insurance should be compatible with the level of economic and social development.

Social security was originally based on institutions, but later it was transferred to enterprises, and pensions will not be affected in the future.

If the insured person flows from an enterprise to a public institution, the process shall be handled in accordance with relevant regulations. The transfer fund is calculated as follows:

1. Personal account storage refers to the total amount of personal account storage after individuals pay accumulated principal and interest. If the amount stored in the personal account is inconsistent with the amount of funds transferred according to the provisions, the original records of the personal account shall be kept at the transfer-in place and the transfer-out place; The part of personal account accounting ratio higher than 1 1% is not included in the transfer fund, and personal account records will not be adjusted; If it is less than 1 1%, the transferred funds will be counted as 1 1% at the transfer place, and the personal account records will be adjusted accordingly; If the personal account bookkeeping ratio is higher than 8%, it will not be transferred and the personal account will not be adjusted. If it is less than 8%, the transferred funds will be calculated as 8% at the transfer place, and the personal account records will be adjusted accordingly.

2. Overall fund (unit contribution), based on my actual contribution salary in the previous year, transferred according to the sum of 12%; If the insured payment is less than 1 year, the transfer shall be calculated according to the actual payment months.

When handling the transfer of old-age insurance relationship, the social insurance agency shall inform the information that needs to be corrected or the reasons for not accepting it at one time if the information is incomplete or does not meet the requirements.