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What if the social security payment is interrupted?
Payment base: Generally, the average monthly salary of employees in the province in the above years is the payment base, and the unified payment ratio is 20%, of which 8% is included in the personal account and 12% is included in the overall fund.
The social insurance system mainly includes the following five contents:
1, old-age insurance: that is, when workers lose their ability to work due to old age, they pay their living expenses and take care of their lives during the old-age period.
2. Unemployment insurance: that is, to pay the living expenses and medical expenses of workers during unemployment, as well as safeguard measures such as job-changing training, self-help in production and job introduction.
3. Work-related injury insurance: compensation for the wages of workers who are injured at work and temporarily or permanently lose their ability to work, as well as medical care and life care measures for the elderly who are injured at work.
4. Medical insurance: that is, the safeguard measures for medical care and nursing during the illness of workers.
5. Maternity insurance: that is, income subsidies and safeguard measures for female employees during childbirth.
Second, the impact of the interruption of endowment insurance In the social insurance we pay, endowment insurance and medical insurance are two major types of insurance. Although social insurance is cumulative, if payment is interrupted, it will have a serious impact on individuals. Once the old-age insurance is interrupted, it will seriously affect the future pension collection. The longer the interruption, the greater the pension loss.
1. If the length of service is not calculated during the interruption period, the salary for the length of service in the future will be gone;
2. If the personal account funds are not entered during the interruption period, the personal account funds will be reduced in the future, and there will be some losses when calculating the pension;
3. When reaching the legal retirement age, the time of life interruption is accumulated, and the accumulated interruption 12 months is pushed forward to calculate the pension for one year.
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