What is the policy of social security renewal?

Hello, I'm glad to answer your question.

There are two ways to renew social security. One is to handle it in the name of an individual. You only need to bring the information to the social security bureau where the account is located to apply for transfer, and you can only handle two kinds of pension and medical care. One is to buy or renew social security by unit. If it is a foreign hukou, you can only purchase social security through the unit. There are two ways to apply for and renew social security: (-) If an individual pays in his own name, he/she needs to apply to the social security bureau where his/her household registration is located. The insurance procedures include: his/her ID card, two recent one-inch bareheaded photos, insurance premium, application form, etc. And can only apply for pension and medical insurance. How much to pay is calculated according to the local social wage of the previous year, which is different every year. For example, the average salary of a prefecture-level city is 20,000, then the pension insurance payment is 20,000 * 20% = about 4,000/year, and the medical care is 20,000 *10% = about 2,000/year. In addition, it is also stipulated that the lowest grade and the highest grade are not less than 60% of the average monthly salary of social workers, and the highest grade is 300% of the average monthly salary of employees. Generally, the lowest grades are mostly. (two) or to purchase or renew social security. It is a foreign hukou, and social security can only be purchased through the unit. In addition, if we apply for social security, it is better for the second unit to pay it, because the unit will bear a large part of the expenses for us, thus reducing the pressure on our own payment. The minimum payment period of endowment insurance is 180 months, that is, 15 years. You can give more, and then you can get more. At the same time, the pension insurance can accumulate payment years, that is, intermittent payment is allowed. Medical insurance needs at least 25/30 years. When you reach retirement age, you can apply for pension benefits and medical reimbursement (as long as the fee is renewed, it is also possible at ordinary times). Therefore, your old-age insurance can be renewed or not, as long as it has been paid for at least 15 years. However, there is a three-month buffer period from the date of suspension of medical insurance, and the regular payment of relevant benefits will not be affected, otherwise the payment period will need to be accumulated again and medical reimbursement will not be available. There is generally a late payment fee for overdue payment, which is calculated at 2 ‰ per day.