Handling process of endowment insurance for urban and rural residents

The basic old-age insurance for urban and rural residents shall be handled by urban and rural residents with their household registration books and identity cards at the social security agencies where they are registered. Approved by the social security agency, it shall be registered and issued with a social security card, and then the insured shall pay the old-age insurance premium according to the regulations.

Legal objectivity:

Article 3 of the Detailed Rules for the Implementation of the Social Insurance Law of People's Republic of China (PRC), if an individual who participates in the basic old-age insurance for employees reaches the statutory retirement age and the accumulated payment is less than 15 years (including the extension of payment in accordance with the provisions of Article 2), he can apply for the new rural social endowment insurance or urban residents' social endowment insurance where he is registered, and enjoy the corresponding old-age insurance benefits. Individuals who participate in the basic old-age insurance for employees reach the statutory retirement age, and the accumulated payment is less than fifteen years (including the extension of payment in accordance with the provisions of Article 2), and have not been transferred to the new rural social endowment insurance or urban residents' social endowment insurance, individuals can apply in writing to terminate the basic old-age insurance relationship for employees. After receiving the application, the social insurance agency shall inform it in writing of its right to transfer to the new rural social endowment insurance or urban residents' social endowment insurance and the consequences of terminating the basic endowment insurance relationship for employees. After my written confirmation, I will terminate the employee's basic old-age insurance relationship and pay me the amount stored in my personal account in one lump sum.