Job Recruitment Website - Social security inquiry - Before 1996, social security was regarded as payment.

Before 1996, social security was regarded as payment.

Legal analysis

On the basis of basic pension and personal account pension, transitional pension is paid according to the length of deemed payment period.

legal ground

"People's Republic of China (PRC) Social Insurance Law" Article 13 Before employees of state-owned enterprises and institutions participate in the basic old-age insurance, the basic old-age insurance premium that should be paid during the payment period shall be borne by the government.

When the basic old-age insurance fund is insufficient to pay, the government will make up for it.