Why does social security pay only 75 months after 20 years?

You can go to the social security bureau window to inquire about the specific payment year and month information. Usually, in this case, the biggest possibility is that the company has not paid you social security.

Legal analysis

According to the relevant regulations of social security, the payment period must reach 15 years, and only when they reach retirement age can they receive a certain pension, because this is the most basic guarantee for people's retirement life. For example, the deviation between the actual payment period and the social security bureau may be because the social security transfer was not handled in time when the job changed, so if the insured place changes, you must handle the social security transfer in time.

Composition of social insurance

The main items of social insurance include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance. Social insurance refers to a social and economic system that provides income or compensation for people who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons.

The payment base of social security refers to the wage base used by enterprises or employees to calculate and pay social insurance premiums. This base multiplied by the prescribed rate is the amount of social insurance premiums that enterprises or individuals should pay.

Local social security payment bases are linked to local average wage data. It is determined according to the average monthly wage income of employees from June 1 day to February 1 day in the previous year. Once a year, it will not change within one year after confirmation. The time to apply for adjusting the social security base is generally in July.

Social security transfer process

_ The newly insured place reviews the application for transfer and sends an acceptance letter to the original insured place-the original insured place handles the transfer procedures-the new insured place accepts the transfer procedures and funds, and the transfer procedures can be handled after the three processes are completed. The policy stipulates that each process needs at most 15 working days, which means that for the insured, all procedures can be completed in at most 45 working days.

The change time of the insured's work in different places can not be transferred temporarily, and the social security relationship remains in the local area. When reaching the statutory retirement age, the social security relations in various places can be transferred to the place where the old-age insurance benefits are received.

Enterprises generally take the total wages of enterprise employees as the payment base, and individual employees take half of their average monthly salary in the previous year as the salary base for individuals to pay social insurance premiums. In China, the payment base is approved by the social insurance agency according to the employer's declaration.