What should I do if I change banks when my pension insurance is paid?

1. Retirees bring their ID cards, retirement certificates and new bank cards (passbooks) directly to the Retirees' Service Section of the social security agency to fill in the change form of pension payment account, and the salary will be paid to the new card next month. The old card can only be cancelled after confirming that the new card has been paid.

Second, retirees contact the labor department of the unit where they worked before retirement, and the special labor administrator will fill in the change form of pension payment account on their behalf, affix the official seal of the unit and sign it by the labor handling personnel, and send it to the retiree service department of the social insurance service center for handling.

The endowment insurance in China consists of four levels (or parts). The first level is basic old-age insurance, the second level is enterprise supplementary old-age insurance, the third level is personal savings old-age insurance, and the fourth level is commercial old-age insurance. In this multi-level old-age insurance system, the basic old-age insurance is the first and highest level.

Extended data endowment insurance is based on the living security of the elderly, and an insurance fund is established through redistribution or savings to pay the living expenses of the elderly. Its implementation has the following functions:

Conducive to ensuring labor reproduction

The establishment of the old-age insurance system is conducive to the normal intergenerational replacement of the labor force, the retirement of the elderly, the smooth employment of the newly growing labor force and the rationalization of the employment structure.

Conducive to social security and stability.

Endowment insurance provides basic living security for the elderly and makes them feel safe. With the arrival of the aging population, the proportion of the elderly population is increasing and the number is increasing. Old-age insurance guarantees the basic life of elderly workers, which is equivalent to ensuring the basic life of a considerable number of people in society.

Conducive to promoting economic development

The pension insurance system designed by many countries links fairness with efficiency, especially the partial accumulation and complete accumulation pension fund raising model. The amount of pension received by workers after retirement is directly related to their wage income and payment during their on-the-job work, which can undoubtedly stimulate workers to work actively during their on-the-job work and improve efficiency.

Nujiang Human Resources and Social Security Bureau-How to change the pension bank card?