What is the social security policy in Beijing?

First, Beijing's new social security policy

The Social Insurance Law, which was implemented in July, 20 1 1, stipulates that individuals who have participated in the basic old-age insurance for employees can apply for the new rural social endowment insurance or urban residents' social endowment insurance where they are registered, and enjoy the corresponding old-age insurance benefits after reaching the statutory retirement age. Or pay the remaining years and enjoy the same pension every month.

However, if the insured person voluntarily chooses to receive a one-time personal account, the basic old-age insurance relationship of his employees will be terminated, and he will no longer enjoy the basic old-age insurance benefits for employees on a monthly basis, nor will he be allowed to apply for new rural social old-age insurance or urban residents' social old-age insurance at his domicile and enjoy the corresponding old-age insurance benefits. At that time, the social security agency will terminate the basic old-age insurance relationship of its employees and pay the amount stored in the personal account to me in one lump sum. This method is not limited to whether the household registration is in this city, as long as you pay the insurance in Beijing.

Specific procedures: the insured person downloads the Application Form for One-time Collection of Personal Account Amount of Old-age Insurance from the form download column in the download area of Beijing social insurance online service platform, fills it out and submits it to the employer, who will go to the local social security agency to handle the termination procedures of the basic old-age insurance relationship for the relevant individuals.

Legal basis:

Article 2 of the Social Insurance Law of People's Republic of China (PRC), employers and individuals shall pay social insurance premiums according to law. The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to receive material assistance from the state and society in accordance with the law when they are old, sick, injured, unemployed and have children.