What is the impact of stopping social security?

After social security stops paying, it will affect retirement benefits.

Old-age insurance needs to be paid at least 15 years, and you can receive a monthly pension when you reach retirement age. If the payment is stopped halfway, it can be renewed, but it may affect the pension benefits after retirement. Women who have paid for medical insurance for 20 years and men who have paid for 25 years can enjoy lifelong medical insurance after retirement. Medical insurance is interrupted, and medical insurance benefits cannot be enjoyed during the interruption. However, medical insurance has a buffer period from the date of interruption. If it has not been paid for more than 3 months, the continuous payment period will be recalculated.

According to the regulations, the fixed number of years of 15 is only a prerequisite for employees to receive basic old-age insurance after retirement. If the payment is interrupted for several years, the proportion of basic old-age insurance will be reduced by several percentage points, and the benefits enjoyed after retirement will naturally decline. Moreover, the customer service of Beijing human resources and social security consulting service hotline said that the interrupted social security could not be filled.

The payment base of social security refers to the wage base used by enterprises or employees to calculate and pay social insurance premiums. This base multiplied by the prescribed rate is the amount of social insurance premiums that enterprises or individuals should pay.

The function of social security:

1, the function of stabilizing social life;

2. The function of redistribution;

3. The function of promoting social and economic development.

legal ground

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

Sixteenth individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have accumulated contributions for fifteen years when they reach the statutory retirement age.

Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council. Article 12 The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of employees stipulated by the state and record it in the basic old-age insurance pooling fund.

Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.

skill

The above answer is only for the current information combined with my understanding of the law, please refer carefully!

If you still have questions about this issue, I suggest you sort out relevant information and communicate with professionals in detail.