Policy of Xiantao Human Resources and Social Security Bureau on One-time Payment of Endowment Insurance for Flexible Employees

From July 1 2020, our province will implement the provincial-level overall planning of enterprise employee pension insurance, with unified policies, regulations, procedures and systems. Flexible employees in our city cannot pay the basic old-age insurance premium for enterprise employees across the payment year (1 to June 30th of the following year). Recently, the municipal people's social department explained the relevant policies and business as follows.

1. July 20201Why can't flexible employees pay the old-age insurance premium in the form of supplementary payment?

According to the requirements of the state and province, individual industrial and commercial households and flexible employees in cities and towns are not allowed to increase the payment period by paying back afterwards. Those who pay old-age insurance premiums in accordance with state regulations shall pay late fees in accordance with the provisions of the Social Insurance Law. Flexible employees pay old-age insurance premiums by supplementary payment, which does not meet the requirements of timely and full payment stipulated in the Social Insurance Law. Therefore, urban individual industrial and commercial households and flexible employees who pay insurance in their personal capacity should pay their fees on time according to the payment year (i.e. 1 year from July to June 30th of the following year). Due to personal reasons, the payment period is interrupted by itself, and it is not possible to pay by way of post-payment.

2. Before July 2020 1, can flexible employees pay the interrupted old-age insurance premium?

Considering that the deadline for the implementation of the policy of cross-payment of endowment insurance premiums is June 30, 2020. From now until June 30, 2020, flexible employees can pay the basic old-age insurance premium according to the interruption time. From July 1 2020, flexible employees will no longer accept the business of paying endowment insurance premiums across payment years.

3. How to inquire about payment interruption?

There are three ways to query: one is to access the social security query in the electronic social security card in Alipay; 2. Call "0728- 12333" for enquiry; The third is to hold my ID card or social security card to the self-service inquiry machine or window of the municipal social security service hall (next to the Finance Bureau) and the people's social service centers in various towns.

4. How can flexible employees pay the basic old-age insurance premium from July 2020 1?

From July 1 2020, flexible employees should pay their fees on time according to the payment year, and the interrupted endowment insurance premium cannot be paid back. For example, from July 1 2020 to June 30, 2026, only the basic old-age insurance premium in 2020 can be paid, and the basic old-age insurance premium in any year before July 1 2020 cannot be paid.

5. What is the impact of the interruption of the payment of basic old-age insurance for flexible employees?

After the flexible employees stop paying the basic old-age insurance premium, the payment period before and after can be calculated together, but the interruption period will be deducted when calculating the retirement benefits. Retirement pension benefits depend on the length of payment period, the level of payment base and the amount of personal account storage.

6. How to handle the procedures of interrupting payment and repayment?

Hold a personal ID card or social security card (if you need to entrust others to handle it, you need to provide both ID cards), print the approval form at the social security service hall of Xiantao City or the window of the people's social service center of each town, and then pay the fee at any outlet of Agricultural Bank, Rural Commercial Bank and Postal Savings Bank.

7. Does the interruption of payment have a great impact on my retirement benefits?

The basic principle of basic old-age insurance is "pay more and get more, pay more and get more for a long time". The longer the payment period, the higher the payment base and the higher the retirement benefits, and the adjustment of retirement benefits will be linked to the payment period, with a larger adjustment range. Since 20 16, the state has greatly increased the bookkeeping interest rate of individual accounts for old-age insurance, increased the accumulated amount of individual accounts for old-age insurance, and raised the personal account pension. Therefore, before June 30, 2020, it is necessary to pay the old-age insurance premium that was originally interrupted.

8./kloc-after 0/5 years, you don't have to pay endowment insurance?

According to the current old-age insurance policy, those who have reached the statutory retirement age and accumulated payment years (including deemed payment years) to 15 years or more can enjoy monthly retirement benefits. However, the payment period of 15 is only the legal minimum payment period, which does not mean that there is no need to pay after 15. After the interruption of payment, the payment period is shortened and the accumulated amount of personal account is reduced. Moreover, the linked adjustment in the current pension adjustment mechanism is linked to the payment period and the basic pension, which will lead to the decline of the pension level after retirement. In order to ensure that you can enjoy better social security for the aged when you retire, the insured should continue to pay, overpay, overpay for a long time and pay without interruption until retirement.

9. How do the uninsured go through the insurance formalities and pay the old-age insurance premium?

Individual industrial and commercial households without employees, part-time employees and other flexible employees who are not insured by the employer, urban and rural residents of working age (including rural residents who work in cities), aged 16, male under 60, female under 55 (except students at school), can participate in the basic old-age insurance for enterprise employees. Individuals with ID cards or social security cards go to the social security service hall of the city (next to the Finance Bureau) or the social security comprehensive business window of the people's social service center of each town to go through the insurance procedures. After the flexible employees are insured, they shall not pay the endowment insurance premium before the first insurance in violation of regulations.

10. What if one-time or accumulated payment exceeds 35 months?

The Notice on Several Issues Concerning the Transfer and Continuation of the Basic Old-age Insurance Relationship for Employees in Urban Enterprises (Ministry of Human Resources and Social Security [2065438+06] No.5) stipulates that when transferring and continuing the old-age insurance relationship, migrant workers across provinces shall provide relevant legal documents for paying the old-age insurance premium in one lump sum for more than 3 years (inclusive). Flexible employees who have paid one-time or accumulated contributions for more than 35 months cannot provide relevant legal documents when they are transferred out, and the transfer place will not accept them.

Therefore, if flexible employees need to pay back for more than 35 months, they should submit a written application to the social security agency and promise to refund the fee when handling the transfer of the pension insurance relationship. At present, this policy has the same requirements for the place of transfer and the place of transfer.