50 Common Problems in Social Security

1. Can I get a pension only by paying 14 pension insurance? I can't. Before reaching the statutory retirement age, you need to pay at least 15 years to qualify for a pension. If the accumulated payment period at retirement is less than 15 years, the money in the personal account will be liquidated and returned to the individual at one time. This money is only a part paid by individuals, plus a small part paid by the unit. Or choose to pay the fees payable for less than one year in one lump sum to receive a pension. In 2007, Ms. Gao, a 50-year-old Guangzhou woman, worked in Guangzhou and Foshan. Guangzhou Social Security Bureau determined that there was a problem with the payment period of Ms. Gao Foshan, and the payment period was insufficient 15, so she could not apply for retirement. Ms. Hou Gao took the Social Security Bureau to court so that she could receive a pension. 2. Can individuals benefit from the endowment insurance premium paid by the company? The benefit range is small. The money paid by individuals is included in the personal account, and most of the money paid by the unit is included in the overall fund account. The amount of retirement pension is mainly directly related to the personal account. After the part paid by the unit is collected, it will be distributed to all pensioners relatively evenly. 3. Pay twice as much old-age insurance as others, with the same payment period. Can the pension be twice that of others? I can't. The monthly payment is not multiplied by the amount of the pension. Pension consists of basic pension and personal account transfer payment. The basic pension is linked to the individual contribution base and the local social average level through indexation, which is related to the payment period. Basic pensions generally have little difference. For example, two people earn 5,000 yuan and 2,500 yuan a month, and it will take 40 years according to this standard. After retirement, the money in their personal accounts will be about 200,000 yuan and 654.38+10,000 yuan respectively. In the year of retirement, their basic pension is calculated at 1 1,000 yuan. The former's pension is about 1, 000+ 1, 600 = 2,600 yuan, while the latter is 1, 000+800 = 1, 800 yuan, but the former is not. I still have 8 years to retire, and now I am allowed to transfer the old-age insurance across provinces. Can I retire after working in Beijing for 8 years and enjoy a higher pension base in Beijing? I can't. Although the endowment insurance paid by multiple cities can be merged into one city now. However, due to the different basic pensions in different places, the new policy has restricted the transfer and continuation years of old-age insurance: men over 50 years old and women over 40 years old are employed across regions, and only temporary old-age insurance payment accounts are established in newly insured places. After retirement, the money in the temporary account will be transferred back to the original insured place. Therefore, you can only apply for retirement locally if you have paid 10 years in the newly insured place. 5. Leave a city and withdraw the money from the personal pension insurance account. Can the payment period be accumulated? I can't. If you take money out of your account when you leave a city, that is, liquidate it, your account will be cancelled, and the accumulated payment period during this period will also be cleared and not included in the accumulated payment period, so it is not cost-effective to take money out. The new pension insurance regulations will no longer allow surrender. The reason for the "surrender tide" in Dongguan and other places is that some policyholders feel that the accumulated payment period before the statutory retirement age will not reach 15 years.

Legal objectivity:

People's Republic of China (PRC) Social Insurance Law Article 2 The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance to protect citizens' right to get material help from the state and society in the event of old age, illness, industrial injury, unemployment and maternity.