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What does it mean that pension is regarded as payment period?
After 1990s, the basic old-age insurance system for units and individuals was gradually reformed and established: "deemed payment period" is a design compatible with the old and new systems. "regarded as" means "regarded as equivalent to". Under the old system, there is no need to pay fees, but the years that meet the requirements of continuous service are recognized in the new system and calculated as "deemed payment years". Cumulative payment period = actual payment period+deemed payment period, thus solving the problem of determining the period; In addition, through the transitional pension design, the eligible part under the old system is paid and paid, which solves the problem that the amount of personal account is insufficient because there is no actual payment. The qualified length of service between 86 and 95 can be regarded as the payment period, and the actual payment period will be followed up. If all the conditions are met and the actual payment is continuous. The main body of social security payment is:
Deemed payment period: 86~95 paragraphs.
Actual payment period: 95~ present stage
Legal basis:
People's Republic of China (PRC) social insurance law
Article 4 Employers and individuals who pay social insurance premiums according to law in People's Republic of China (PRC) have the right to inquire about payment records and personal rights and interests records, and ask social insurance agencies to provide social insurance consultation and other related services.
Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.
Article 58 An employing unit shall, within 30 days from the date of employment, apply to the social insurance agency for social insurance registration for its employees. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay.
Employees-free individual industrial and commercial households who voluntarily participate in social insurance, part-time employees who do not participate in social insurance in the employing unit and other flexible employees shall apply to the social insurance agency for social insurance registration.
The state establishes a national unified personal social security number. Personal social security number is a citizen's identity number.
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