Job Recruitment Website - Social security inquiry - Is there a loss in the transfer of social security across provinces?

Is there a loss in the transfer of social security across provinces?

There may be losses in this situation.

1. The calculation method of social security, the social security payment base and payment ratio stipulated by each province may be inconsistent, and there will be losses. However, there is generally no loss in the transfer of old-age insurance in social security, and other insurances such as medical insurance may have losses.

2. According to Article 19 of the Social Insurance Law, if an individual is employed across the overall planning area, his basic old-age insurance relationship will be transferred accordingly, and the payment period will be calculated cumulatively. When an individual reaches the statutory retirement age, the basic pension is calculated in stages and distributed uniformly. Specific measures shall be formulated by the State Council.