What should I do if the endowment insurance is broken in 2020?

Legal analysis: After the old-age insurance is cut off, measures such as annual payment, delaying retirement, transferring social security to residents and pushing social security can be taken. The specific analysis is as follows: 1. Repayment by year. Generally speaking, people who have less than three years to retire can make annual payment, but they need to pay a certain amount of late fees in this way. Second, delay retirement. If you have reached retirement age but haven't paid enough 15 years, you can postpone retirement and continue to pay social security in the company. Third, transfer residents' social security. If you can't pay in a short time, you can consider changing employee social security to resident social security, but correspondingly, the benefits you can enjoy after retirement will also be reduced. Fourth, return social security. For some employees who have only paid social security for one or two years and are about to retire, if they feel that the cost of paying back is too high, they can also choose to return social security, but this method is not recommended. Because after retirement, not only can you not enjoy the protection of national endowment insurance and medical insurance, but you can only refund the money from the social security personal account, and the money from the overall account cannot be refunded.

Legal basis: Article 12 of the Social Insurance Law of People's Republic of China (PRC).

The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of its employees stipulated by the state, and record it in the basic old-age insurance pooling fund.

Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.