How to change the grade of endowment insurance

The change process of endowment insurance grade is as follows:

1, learn about the details of the local government's specific policies on the changes in the payment grades of urban and rural residents' old-age insurance. Relevant information can be obtained by consulting the government website, consulting the local social security bureau or calling the endowment insurance consultation telephone.

2, according to the policy requirements, collect application materials. Generally speaking, the application materials include personal identification, household registration book, social security card, residence certificate, application form, etc. Ensure the completeness and accuracy of materials.

3. Bring complete application materials and go to the local social security bureau to go through the formalities for changing the payment grade of endowment insurance for urban and rural residents. Submit the application materials in the window and carry out relevant operations according to the requirements of the staff.

4. The staff of the Social Security Bureau will evaluate the payment grade according to the application materials and personal circumstances. According to the evaluation results, determine the new payment grade of endowment insurance that should be paid.

5. According to the new payment grade, the Social Security Bureau may need to change the payment amount, payment frequency or payment channel when notifying the adjustment of payment methods. Please adjust the payment method in time according to the notification requirements.

6. After completing the adjustment of payment method, the Social Security Bureau will confirm the change of payment and go through relevant formalities. You can consult the staff to understand the specific payment time and method to ensure that the old-age insurance premium is paid in full and on time.

Endowment insurance is mainly to provide a reliable source of income for the elderly in their later years and meet their living needs. But it is very common that even with old-age insurance, it can't achieve the guarantee effect. The role of basic old-age insurance is limited. Once a serious illness or accident occurs, it is difficult for the basic old-age insurance to solve the problem of economic pressure. So if you have the conditions, you can generally buy some commercial endowment insurance. It can play a necessary supplementary role to the basic old-age insurance. From the point of view of families and individuals, individuals participating in old-age insurance, through the combination of compulsory payment and national independent support, can provide protection for the elderly to a certain extent, alleviate the worries of families and reduce the double pressure of children raising the elderly and children, which has a positive impact on the elderly and the whole family.

To sum up, the basic old-age insurance for urban and rural residents is paid in several grades, and the insured can choose according to the situation. According to national standards, the main purpose of social security for the aged is the most basic old-age security. Social security is closely related to one's work, and the interruption will seriously affect one's welfare.

Legal basis:

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

Article 58

The employing unit shall, within 30 days from the date of employment, apply to the social insurance agency for social insurance registration for its employees. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay. Employees-free individual industrial and commercial households who voluntarily participate in social insurance, part-time employees who do not participate in social insurance in the employing unit and other flexible employees shall apply to the social insurance agency for social insurance registration. The state establishes a national unified personal social security number. Personal social security number is a citizen's identity number.