Social security was suspended for a year because there was no job. What effect will it have?

What impact will intermittent payment of social insurance have on individuals?

First of all, we must understand that social insurance is a national welfare, and the treatment of social insurance is much higher than that of commercial insurance. Commercial insurance is for profit and social insurance is a kind of welfare.

Among the social insurance we pay, endowment insurance and medical insurance are two major types of insurance. Although social insurance is a cumulative calculation period, if the payment is interrupted, it will have a serious impact on individuals:

1. Pension insurance is interrupted-

Once the old-age insurance is interrupted, it will seriously affect the future pension collection. The longer the interruption, the greater the pension loss.

(1) If the length of service is not calculated during the interruption period, the salary for the length of service in the future will be gone;

(2) If no personal account funds are entered during the interruption period, the personal account funds will be reduced in the future, and there will be some losses when calculating the pension;

(3) When reaching the legal retirement age, the time of life interruption is accumulated, and the accumulated interruption 12 months is pushed forward to calculate the pension one year.

For example, when a person retires in 2020, he should pay the pension according to the average social wage of the previous year. However, if the cumulative life interruption is 12 months (after 2003), the calculation of the average social wage in the previous year will be pushed forward.

2. Medical insurance is interrupted-

Medical insurance has caused the phenomenon of interruption of payment, which will also have a great impact on individuals. The impact has the following two parts.

(1) You can't enjoy medical insurance benefits during the interruption of medical insurance payment, which means that no matter how many years you have paid medical insurance before, you can't enjoy all reimbursement benefits of medical insurance during the interruption of payment.

(2) Interrupting the payment of medical insurance will also affect the payment period of your life. The state stipulates that men should not pay medical insurance for less than 25 years. If the female is not less than 20 years old, the interruption of payment may also lead to your lack of accumulated years.