What are the policies for migrant workers to participate in the basic old-age insurance for employees?

Legal analysis: If migrant workers stop employment or return home and do not continue to pay fees, the social security agency in the original insured place will keep their basic old-age insurance relationship, all their insurance payment records and personal accounts, and the amount stored in personal accounts will continue to bear interest according to regulations. Migrant workers who return to urban employment and continue to pay insurance premiums, whether they return to the original insured place for employment or go to other cities and towns for employment, should calculate their payment period according to the above provisions and calculate the amount of their personal accounts together. Those who meet the conditions for receiving benefits shall enjoy the same basic old-age insurance benefits as urban workers; If migrant workers no longer return to urban employment, their insurance payment records and personal accounts in cities and towns are all valid, and they can enjoy the basic old-age insurance benefits for urban workers according to the actual situation of migrant workers, or they can be transferred to the new rural social old-age insurance when they meet the prescribed conditions.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Tenth employees should participate in the basic old-age insurance, and employers and employees should pay the basic old-age insurance premium.

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 can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium.

The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.

Eleventh basic old-age insurance to implement the combination of social pooling and individual accounts.

The basic old-age insurance fund consists of employers, individual contributions and government subsidies.

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.