Does stopping payment (interruption) count as stopping insurance?

Stopping payment (interruption) does not belong to stopping insurance.

According to the inquiry of Legal Express, the termination of payment refers to the termination of the labor relationship between the insured and the unit due to transfer, expiration of the contract, dismissal, delisting and other reasons. , the company will apply to the social insurance relationship agency for termination of insurance. Simply put, it is to cancel the insured account and empty the social security account. The insured person can receive the balance of individual medical insurance account and individual pension account, and cancel the insurance record at the same time. Suspension of payment means that there is no amount in the current account, unemployment and no work unit, and social security can be suspended.

Old-age insurance refers to a social insurance system established by the state according to relevant laws and regulations, in order to ensure the basic life of workers who terminate their labor obligations after reaching the working age limit stipulated by the state or quit their jobs because of old age.