What do you mean by the basic old-age insurance for employees who have changed from local insurance to on-the-job insurance?

The basic old-age insurance for in-service employees of Soil Insurance is the old-age insurance for rural employees, and retirement can also be converted into the old-age insurance for urban employees. Rural endowment insurance also belongs to social security and social insurance. The state has issued a mutual transfer document. According to the State Council's "Opinions", the state establishes a personal account for old-age insurance for each insured person, and the new old-age insurance policy stipulates that employees and urban and rural old-age insurance can be converted to each other. The "Opinions" suggest that those who participate in the endowment insurance for urban and rural residents need to transfer the endowment insurance relationship between urban and rural residents across regions during the payment period, they can apply for the transfer of the endowment insurance relationship at the place where they move in, transfer all the storage in their personal accounts at one time, and continue to participate in the insurance payment according to the regulations of the place where they move in, and the payment period is calculated cumulatively. Persons who have received pension insurance benefits for urban and rural residents according to regulations, regardless of whether the household registration is transferred or not, their pension insurance relationship is not transferred. It is also clarified in the Interim Measures that no matter whether the insured person is transferred from the endowment insurance for urban and rural residents to the endowment insurance for urban employees or from the endowment insurance for urban and rural residents, all the deposits in the personal account will be transferred together and the rights and interests will be calculated cumulatively.