Can employee social security be transferred to urban and rural residents for old-age care?

Social security for employees can be transferred to urban and rural residents for old-age care.

In Ministry of Human Resources and Social Security, the Interim Measures for the Connection of Urban and Rural Endowment Insurance System has been promulgated, which clearly puts forward the mutual transfer between them. Therefore, for those who have paid the endowment insurance for urban workers and urban and rural residents at the same time, after reaching the statutory retirement age, they can apply for transfer from one endowment insurance to another according to regulations. However, it should be noted that the amount of personal account, payment period, repeated payment period, receiving treatment and other factors need to be considered in the conversion process.

Attention should be paid to the transfer of social security for employees to the pension for urban and rural residents;

1, personal account amount problem

Because the endowment insurance for urban workers and urban and rural residents can be transferred to each other, the problem of personal account quota also needs to be properly solved. According to the regulations, the amount of personal endowment insurance in the old account can be transferred to the new account.

2. Term of payment.

For urban workers and urban and rural residents pension insurance payment period, the implementation of their own independent calculation, not combined calculation or conversion. If the old-age insurance for urban and rural residents is transferred to the old-age insurance for urban employees, the original payment period of the old-age insurance for urban and rural residents cannot be converted into the payment period of the old-age insurance for urban employees.

To sum up, if the old-age insurance for urban employees is transferred to the old-age insurance for urban and rural residents, the payment period of the old-age insurance for urban employees can be calculated as the payment period of the old-age insurance for urban and rural residents.

Legal basis:

People's Republic of China (PRC) insurance law

Article 10

Employees shall participate in the basic old-age insurance, and the employer and employees shall jointly 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.