Job Recruitment Website - Social security inquiry - What is the impact of social security meeting at the same time?
What is the impact of social security meeting at the same time?
There is no way to refund the paid part for the time being. We can only wait until the two social security systems are transferred together in the future. When the social security system is merged, overlapping parts will be found, and the Social Security Bureau will ask for a refund of one of them, and only individual contributions can be refunded. For social security, all expenses are borne by individuals and there is a loss. As for the impact, before reaching the statutory retirement age, you can apply to the social security bureau of each insured place at any time to transfer the social security fund to the social security account of the place where you need to retire. Social security transfer and merger will not affect your accumulated payment period.
Legal basis: Article 19 of the Social Insurance Law of People's Republic of China (PRC) stipulates that if an individual is employed across the overall planning area, his basic old-age insurance relationship will be transferred accordingly, and the payment period will be calculated cumulatively. When an individual reaches the statutory retirement age, the basic pension is calculated in stages and distributed uniformly. Specific measures shall be formulated by the State Council.
Article 58 of the Social Security Law, the employing unit shall handle social insurance registration for employees within 30 days from the date of employment. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay. The state establishes a national unified personal social security number. Personal social security number is a citizen's identity number.
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