Employee Pension to Urban and Rural Resident Pension Process

The process of transferring an employee's pension to an urban or rural resident's pension includes going through the transfer procedures, choosing a place to participate in the insurance program and paying the fees, etc., and the specific requirements and processes vary from region to region. After transferring to urban and rural residents, employees need to apply for the basic pension insurance system for local residents according to the regulations.

The transfer of employees' pensions to urban and rural residents' pensions means that employees who have already participated in social insurance in towns and cities, and who have become rural residents after moving to the countryside for personal reasons, need to be transferred to the local residents' pension insurance system. The process consists of the following parts: 1. Going through the transfer procedures: the employee needs to go to the social security institution in the original place of participation for the transfer of the pension insurance relationship, to confirm that the pension insurance premiums paid and the balance of the individual account. 2. Selecting the place of participation: after the transfer procedures are completed, the employee can choose the place of participation. Generally speaking, the place of enrollment should be the place of his/her household registration or actual place of residence. 3. Payment of fees: after being transferred to an urban or rural resident, the employee is required to pay old-age insurance fees to the local social security institution in accordance with the regulations. Contribution standards and management methods vary according to the local basic pension insurance system for residents. It should be noted that the pension insurance system for urban and rural residents varies from region to region, and employees need to follow the specific requirements and procedures.

Will the transfer of employees' pensions to urban and rural residents' pensions affect their pension entitlements after retirement? The transfer of employees' pensions to urban and rural residents' pensions will not have a disproportionate impact on their post-retirement pension entitlements. According to state regulations, employees who have participated in enterprise pension insurance for 15 years can continue to enjoy pension insurance benefits in their original units or personal accounts even if they are transferred to urban and rural residents.

Employee pension to urban and rural residents pension is a policy to provide better social insurance services for individuals, employees need to pay attention to the specific requirements and processes when making the transfer. At the same time, you can also consult your local social security organization or legal adviser for more detailed information and guidance when going through the relevant procedures.

Legal basis:

Article 21 of the Social Insurance Law of the People's Republic of China (P.R.C.): The insured person who has paid the basic pension insurance premiums for fifteen years shall, from the date of the transfer of the social insurance relationship, be entitled to receive the basic pension insurance benefits in accordance with the provisions of the original place of registration or the place where the transfer is made.