Can the endowment insurance in Suzhou Park be transferred to the new district?

Legal analysis: Yes. If the insured workers move out of the park for employment, the "Center" will issue the "Basic Endowment Insurance Payment Voucher" for the insured workers, and transfer their basic endowment insurance relationship and funds (personal account storage amount and overall fund) to the new insured place. The accumulative payment period of the newly insured place is calculated, and the storage amount of individual account is calculated together.

Legal basis: Measures of Suzhou Municipality for the Administration of Social Basic Medical Insurance.

Article 2 The government is responsible for organizing the implementation of social medical insurance, following the following principles: the level of social medical insurance should be compatible with the level of economic and social development; Employers, their employees and other social members shall participate in social medical insurance; Social medical insurance implements territorial management; Social medical insurance premiums are reasonably shared according to the affordability of employers, individuals and finances; Establish a multi-level social medical insurance system based on basic medical insurance and combining supplementary medical insurance with social medical assistance.

Article 3 The Municipal Labor and Social Security Bureau (hereinafter referred to as the administrative department of labor and social security) is responsible for the formulation, organization, implementation, supervision and management of social medical insurance policies in the whole city, as well as the collection, management, supervision and inspection of medical insurance funds. The administrative department of labor and social security at the county level is responsible for the management of medical insurance in this administrative region. City, county-level city social insurance fund management center (hereinafter referred to as social security agencies) specifically undertake the collection, use, management and inspection of social medical insurance funds and other medical insurance affairs.