Can social security be suspended after three years?

Of course. Social security can still be suspended for some time. Because the years of pension and medical insurance can be accumulated and do not need to be paid continuously. If it is interrupted, it will be enough years later.

What is the basic function of endowment insurance?

1, which is conducive to ensuring labor reproduction. Through the establishment of the old-age insurance system, it is conducive to the normal intergenerational replacement of the labor force, the elderly retire when they are old, and the newly increased labor force is successfully employed, ensuring the rationalization of the employment structure;

2, conducive to social security and stability. Endowment insurance provides basic living security for the elderly and makes them feel safe. With the arrival of the aging population, the proportion of the elderly population is increasing and the number is increasing. Old-age insurance guarantees the basic life of elderly workers, which is equivalent to ensuring the basic life of a considerable number of people in society. For on-the-job employees, participating in endowment insurance means that they have expectations for their future old-age life and are free from worries. In terms of social mentality, more people are stable and less impetuous, which is conducive to social stability;

3. It is conducive to promoting economic development. The pension insurance system designed by many countries links fairness with efficiency, especially the partial accumulation and complete accumulation pension fund raising model. The amount of pension received by workers after retirement is directly related to their wage income and payment during their on-the-job work, which can undoubtedly stimulate workers to work actively during their on-the-job work and improve efficiency.

In short, social security payment can be suspended for three years, and the social security payment suspension period is equivalent to suspension, but if there are problems such as hospitalization, it will not be reimbursed.

Legal basis:

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

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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 get material help from the state and society in accordance with the law when they are old, sick, injured, unemployed and have children.