The Influence of Jiangsu Rural Insurance on Social Security Policy

First of all, the first case: the insured's agricultural household registration, due to various reasons, social security payment is suspended, you can apply for insurance to pay the new rural insurance at the household registration. After the insured person, he can continue to pay social security. Those who have reached the statutory retirement age and paid social security 15 years can transfer their rural insurance accounts to social security accounts before going through retirement procedures, which will not affect the insured's monthly pension benefits for urban workers.

In addition, the second case: the current policy stipulates that for the insured who first apply for the new rural social endowment insurance in rural areas and then participate in the basic endowment insurance for employees due to employment, when transferring the pension insurance relationship, the amount stored in the personal account of the resident endowment insurance can be converted into the payment period of the basic endowment insurance for employees according to the provisions of the basic endowment insurance for employees and continue to pay. When reaching retirement age, those who meet the requirements of receiving the basic old-age insurance benefits for employees on a monthly basis shall enjoy the old-age benefits according to the provisions of the basic old-age insurance for employees; Those who do not meet the conditions for receiving the basic old-age insurance benefits for employees on a monthly basis can convert their personal accounts of basic old-age insurance for employees into personal accounts of residents' old-age insurance, convert the payment period according to the local average payment standard of the current year, and enjoy the old-age insurance benefits for residents in accordance with regulations.

In short, those who have paid the new rural endowment insurance can be transferred to social security, but the money from rural endowment insurance can be transferred to the basic old-age insurance for employees, and 15 of the basic old-age insurance for employees can be paid in advance.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.