Social security pension collection rules

The rule of receiving old-age insurance is to reach the legal retirement age and pay the accumulated fee 15 years. If the accumulated payment is less than fifteen years and reaches the statutory retirement age, it can be paid for fifteen years; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance.

Pension collection method:

(a), the old-age insurance premium paid in the domicile, levied in the local.

Where the insured pays the endowment insurance at the domicile, and the payment period has accumulated to 15 years, the domicile of the insured is the place where the benefits are received, and the domicile of the insured is responsible for handling the procedures for receiving the benefits.

(two), the old-age insurance is not in the domicile, divided into three situations.

1, in areas where the accumulated payment has reached 10 years.

If the insured's basic old-age insurance relationship is not located in the domicile, but the accumulated payment period in the domicile of the basic old-age insurance relationship exceeds 10 years, the formalities for receiving benefits shall be handled there.

2. If the fixed number of years is not enough, transfer to the place where the fixed number of years has been paid.

If the basic old-age insurance relationship is not located in the domicile, and the accumulated payment period in the domicile of the basic old-age insurance relationship is less than 10 year, if the payment period of the basic old-age insurance relationship is 10 year, the treatment shall be handled.

3, many years are not enough, and the funds are collected in the household registration.

If the basic old-age insurance relationship is not located at the domicile, and the accumulated payment period in each insured place is less than 10 years, the basic old-age insurance relationship and corresponding funds will be collected at the domicile, and the domicile will go through the formalities for receiving benefits according to regulations.

Female employees who have been transferred from management technical posts to production operation posts and have actually worked in production operation posts for more than 3 years may go through retirement procedures according to the retirement conditions of female employees.

What's the difference between a pension and a pension?

1, different concepts.

Retirement pension is a monthly or lump-sum insurance benefit paid by the state in monetary form according to the provisions of the social insurance system according to the contribution to society and the qualifications or retirement conditions of workers after they are old or lose their ability to work. Mainly used to protect the basic needs of employees after retirement.

The full name of endowment insurance is social basic endowment insurance, which is a social insurance system established by the state and society according to certain laws and regulations to solve the basic life of workers who reach the working age limit stipulated by the state and terminate their labor obligations or quit their jobs because of old age.

2. Different payment methods.

The biggest difference between pension and pension is payment. Pensions are provided by individuals or enterprises and can be enjoyed without the beneficiary's payment. The social endowment insurance premium is generally withheld and remitted by the insured unit, part of which is handed over to the state and part of which is deposited in personal accounts. The payment standard of social endowment insurance often follows a unified payment standard.

3. Different funding channels.

Pensions are generally paid by the state finance or local finance, and the retirement benefits of retirees (such as civil servants and institutions, excluding enterprises managed by institutions) who have not participated in social pooling of endowment insurance are called pensions or retirement living expenses.

Pensions are paid by social insurance funds, and the retirement benefits of retirees who participate in social pooling of pension insurance are collectively referred to as pensions.

4. Different collection methods

What's the difference between retirement pension and retirement pension? According to the payment method of retirement pension, it can be divided into one-time payment and installment payment. The former refers to the one-time payment of pension after retirement, and the latter refers to the payment of pension by stages after retirement until death, such as monthly or annual payment of pension.

legal ground

Article 16 of People's Republic of China (PRC) Social Insurance Law

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age. Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.