What is the deduction date of endowment insurance every month?

What is the deduction date of endowment insurance every month?

The deduction time of endowment insurance may be different due to different regions and types of insurance. Generally speaking, the deduction time of endowment insurance is between 10 and the 20th of each month. The specific deduction time is determined by the local social security bureau or insurance company according to the actual situation, and a notice or announcement will be issued before deduction.

When deducting money, the old-age insurance premium payable will be deducted from the bank account of the insured in accordance with the insurance contract. If the account balance is insufficient, it may lead to the failure of deduction, so it is necessary to make up the account balance as soon as possible to avoid affecting the payment record of endowment insurance. The endowment insurance for enterprise employees is generally withheld and remitted by the employer, and the deduction time is generally between 15 and the 20th of each month. Endowment insurance for urban and rural residents is generally paid annually, and the deduction time is generally between September and 65438+February each year.

The deduction time of endowment insurance in different regions may be different. You can consult the local social security bureau or relevant institutions for specific time.

To sum up, the deduction time of endowment insurance varies with regions and types of insurance, generally between 10-20 per month. The insured needs to keep sufficient balance in the bank account, so as not to affect the payment record of endowment insurance.

Legal basis:

Article 10 of the Social Insurance Law of People's Republic of China (PRC) stipulates: "Employees shall participate in the basic old-age insurance, and the employer and employees shall jointly pay the basic old-age insurance premium."

Article 12 of the Social Insurance Law of People's Republic of China (PRC) stipulates: "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 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 account respectively."