Job Recruitment Website - Social security inquiry - How long will the social security payment take effect?
How long will the social security payment take effect?
Social security is paid monthly, and the deadline for monthly social security payment is generally the last day of the month. If the social security payment is completed before the deadline, the personal social security account will take effect in the next month. It should be noted that the effective time of social security may vary from region to region and from situation to situation. It is recommended to consult the local social security agency for details to understand the relevant policies and procedures.
The social security payment period is stipulated as follows:
1, the cumulative payment period of medical insurance (including the deemed payment period and actual payment period in this city) shall be 30 years for men and 25 years for women;
2. The social insurance plan is organized by the government, forcing a certain group to use part of its income as social insurance tax to form a social insurance fund, from which the insured can obtain fixed income and loss compensation;
3. Pay the basic old-age insurance premium 15 years and the basic medical insurance premium for 20 years in the same city. When retiring, it will be calculated according to the standard of the city where the payment is made;
4 to participate in the basic old-age insurance, individuals who have reached the statutory retirement age and accumulated contributions for fifteen years, receive the basic pension on a monthly basis.
To sum up, social insurance is a social and economic system that provides income or compensation for those who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons.
Legal basis:
Article 60 of People's Republic of China (PRC) Social Insurance Law
The employing unit shall declare itself and pay social insurance premiums in full and on time, and shall not postpone or reduce the payment except for legal reasons such as force majeure. The social insurance premiums that employees should pay shall be withheld and remitted by the employer, and the employer shall inform me of the details of paying social insurance premiums on a monthly basis.
Individual industrial and commercial households without employees, part-time employees who have not participated in social insurance in the employing units and other flexible employees can pay social insurance premiums directly to the social insurance premium collection agencies.
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