Can the endowment insurance bought from other provinces be transferred to the local area?

Endowment insurance bought from other provinces can be transferred to the local area.

Endowment insurance bought from other provinces can be transferred to the local area. According to the provisions of the Social Insurance Law and the Measures for the Transfer and Continuation of Endowment Insurance Relationship, when the insured person is employed across provinces, he can transfer the endowment insurance relationship paid in the original insured place to the new employment place.

The process of transferring the endowment insurance bought from other provinces to the local area is as follows:

1. After the insured establishes the basic old-age insurance relationship in the new employment place and pays the fee according to the regulations, the employer or the insured shall submit a written application for the transfer and continuation of the basic old-age insurance relationship to the social security agency in the new employment place.

2. The social security agency of the newly insured place will review the application for transfer and continuation within 15 working days, send a consent letter to the social security agency where the insured person's original basic old-age insurance relationship is located, and provide relevant information; Do not meet the transfer conditions, make a written explanation to the applicant or the insured.

3. The social security agency where the original basic old-age insurance relationship is located shall handle the transfer and connection procedures within 05+65438 working days after receiving the acceptance letter.

4. After receiving the basic old-age insurance relationship and funds transferred by the social security agency where the original basic old-age insurance relationship of the insured person is located, the social security agency in the newly insured place shall complete the relevant procedures within 15 working days, and notify the employer or the insured person in time after confirmation.

To sum up, the endowment insurance bought from other provinces can be transferred to the local area. When handling the transfer of old-age insurance relationship, the insured shall provide the "Basic Old-age Insurance Payment Certificate" and other materials issued by the social security agency of the original insured place.

Legal basis:

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

Article 122

Personal accounts of basic old-age insurance for employees and personal accounts of basic medical insurance for employees can be transferred with me.