How to transfer social security from enterprises to institutions

According to the Notice of the Ministry of Labor and Social Security, the Ministry of Finance, the Ministry of Personnel, and the Central Organizing Committee on Handling the Social Insurance Relationship when Employees Move Between Institutions and Enterprises (No.KLOC-0/3 issued by the Ministry of Labor and Social Security), employees will participate in the basic old-age insurance for enterprise employees from the month when institutions and institutions are transferred to work in enterprises, and units and individuals will pay the basic old-age insurance premiums according to regulations to establish basic old-age insurance. Among them, civil servants and staff of units managed by reference to the civil service system will be given a one-time subsidy according to their working years in the organs (or units), which will be transferred to their personal accounts of basic old-age insurance by the original units through local social insurance agencies, and the required funds will be arranged by the finance at the same level. The standard of subsidy is: the average monthly basic salary of the previous year when I leave my job × working years in the office × 0.3% × 120 months. According to the relevant provisions of the state, the retirement system of government agencies and institutions shall be implemented from the month when employees enter government agencies and institutions from enterprises, and their original continuous length of service shall be combined with their working years after entering government agencies and institutions, and pensions shall be calculated according to the methods of government agencies and institutions when they retire. The established personal account will continue to be managed by the social insurance agency. When you retire, the amount stored in your personal account will be calculated and paid on a monthly basis according to1120, and the pension calculated and paid according to the measures of government agencies and institutions will be deducted accordingly.

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