On the payment object and payment method of endowment insurance

At present, the age at which individuals pay social endowment insurance is generally below 60 for men and below 55 for women.

That is, individuals pay social security and endowment insurance. The maximum age of men is 60 years old and that of women is 55 years old.

Conditions for pension insurance to enjoy benefits: 1. Pay at least 15 years. The second is to reach the statutory retirement age.

Personal social security endowment insurance process

First of all, individuals need to pay endowment insurance.

Persons who have terminated their labor relations with enterprises and administrative institutions, self-employed persons, individual industrial and commercial households with personnel files under custody, persons who go out to engage in labor services, study abroad and pursue further studies, and other persons with personnel files under custody in human resources service centers.

II. Information required for insurance:

(1) Two copies of ID card (original inspection);

(2) A recent one-inch color bareheaded photo;

(3) The original residence booklet for urban residents;

(4) File entrustment management card.

Three, pay the old-age insurance base, proportion and amount:

(1) payment base: the average social wage of the province where the individual is located in the previous year.

(2) Payment ratio: in accordance with the relevant regulations of that year.

(3) Payment amount: payment base × payment proportion × 12.

Four. Payment method and time limit:

Pay cash to the human resources service center with the file entrusted management card. The insured shall pay the annual old-age insurance money in one lump sum, which shall be handled before June 20 every year, and interest shall be charged after the deadline, but not later than 65438+February 20. Payment time is1-20th of each month after the base of the current year comes out.

Verb (abbreviation of verb) retirement procedures and pension payment:

(1) The relationship between personnel files and endowment insurance is represented in our center. Insured persons who have accumulated payment years of more than 15 and reached the statutory retirement age, who are 60 years old for men and 55 years old for women (55 years old for female cadres and 50 years old for female employees), can go through retirement procedures.

(2) To retire, you need to submit a written application and a copy of your ID card to our center six months in advance, and our center will go through the retirement formalities.

(3) Socialized distribution of endowment insurance. The endowment insurance agency shall handle the passbook for pension issuance, and after going through the retirement formalities, our center shall be responsible for handing it over to me.

The procedures for individuals to pay endowment insurance premiums are as follows:

1. If the general employer fails to pay the old-age insurance for it, the employee can bring his ID card, social security card and payroll to the local social security department and ask the employer to pay back the old-age insurance that he did not pay before.

2. The pension insurance must be paid for at least 15 years, and you can enjoy the pension for life when you retire.

If you are a male, it is exactly 15 years from now according to the calculation of retirement at the age of 60, which can guarantee to receive a pension every month after retirement;

If you are a female (retired at the age of 50 or 55) and haven't paid 15 years by the time of retirement, you can apply for an extension of retirement to pay the unexpired years. After the formal retirement formalities, your monthly pension will not be affected. If you don't want to postpone retirement, you can also choose to pay in one lump sum.

The full name of endowment insurance is social basic endowment insurance, which consists of basic pension paid by social pooling fund and personal account pension. It is an important part of the social security system and one of the five most important social insurances. It is a social insurance system established by the state and society according to certain laws and regulations to solve the basic life of workers who reach the working age limit stipulated by the state or quit their jobs because of old age.

The purpose of endowment insurance is to protect the basic needs of the elderly and provide them with a stable and reliable source of life. According to the Social Insurance Law of People's Republic of China (PRC) and other relevant regulations, the endowment insurance will be gradually reduced from 20 1 May 61day.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.