What is the meaning of a file of endowment insurance for flexible employees?

The first grade of endowment insurance for flexible employees means that flexible employees choose a grade of insurance according to their own wishes and economic conditions.

Specifically, the A-file insured can choose to pay the old-age insurance premium according to their ability to pay, and the higher the payment amount, the higher the pension insurance benefits they enjoy. Flexible employees can enjoy the pension benefits matching the payment amount after participating in the A-file flexible employment pension insurance. Generally speaking, the more you pay, the higher your monthly pension after retirement.

Matters needing attention in the return rules of individual endowment insurance:

1, pension collection

To receive a pension, you need to provide relevant certificates and materials, such as ID cards and bank cards. The time for receiving the pension is subject to the time stipulated by the local social security bureau.

2. Calculation of pension

The calculation basis of pension is the payment amount and payment period of the insured during the payment period. Therefore, the insured can improve the pension payment standard by paying more premiums.

3. Adjustment of pension

The pension payment standard will be adjusted with the economic and social development. Therefore, the insured needs to pay attention to the change of policy in order to know the adjustment of pension in time.

4. The value of pension.

The preservation of pension needs the investment management of the insured. Insured people can choose to invest their pensions in low-risk and stable financial products to ensure the preservation of their pensions.

To sum up, A-file flexible employment pension insurance is an insurance system for flexible employees to determine their pension benefits according to the amount of voluntary contributions, aiming at protecting their pension rights and interests.

Legal basis:

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

Article 10

Employees shall participate in the basic old-age insurance, and the employer and employees shall jointly pay the basic old-age insurance premium. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium. The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.