This post explains in detail how to connect pension insurance!

Thread Content

How to ensure continuity in pension insurance has always been a topic of interest to society. In today’s episode, we will provide a comprehensive explanation of how such continuity can be achieved—specifically, the connection between urban and rural pension systems. Those who are enrolled in the urban employee pension insurance or the rural and urban resident pension insurance can apply to transfer from the latter to the former once they reach the legal retirement age for urban employee pension insurance and have paid premiums for 15 years (including cases where the payment period is extended to 15 years). Those who have not paid premiums for 15 years can also apply for such a transfer, and they will receive benefits in accordance with the rules applicable to urban employee pension insurance. It is possible to apply to transfer from the urban employee pension insurance to the rural and urban residents’ pension insurance; once the conditions for receiving benefits under this latter insurance are met, the corresponding benefits will be paid in accordance with the regulations applicable to it. Individuals who are insured need to go through the procedures for linking the urban employee pension insurance system with the rural and urban resident pension insurance system. 1. Determine the location where benefits will be received in accordance with the relevant regulations of the urban employee pension insurance system; 2. Transfer the pension insurance records related to urban employee pension insurance to that location; 3. Complete the procedures for linking the two systems. When insured persons apply for procedures related to the transition between different insurance systems, those transferring from the urban and rural residents’ pension insurance to the urban employees’ pension insurance shall submit their applications at the location where they receive benefits under the urban employees’ pension insurance, and those transferring from the urban employees’ pension insurance to the urban and rural residents’ pension insurance shall do so at the same location ； Apply at the location where the urban and rural residents’ pension benefits are received. If an insured person participates in both the urban employee pension insurance and the rural and urban residents’ pension insurance within the same year, the period of duplicate payments (calculated on a monthly basis) will be counted only as part of the contribution period for the urban employee pension insurance; meanwhile, the corresponding individual contributions and collective subsidies paid during the duplicate payment period for the rural and urban residents’ pension insurance will be refunded to the person concerned. Insured persons are not allowed to receive benefits from both the urban employee pension insurance and the rural and urban residents’ pension insurance at the same time. Those who do receive benefits from both types of insurance have their coverage under the rural and urban residents’ pension insurance terminated, and their account balances, excluding any subsidies, are refunded to them; any basic pension benefits already received under the rural and urban residents’ pension insurance must also be returned ； If the individual refuses to return it, the social insurance agency shall be responsible for deducting the amount from the balance in the individual account of the urban and rural residents’ pension insurance or from the basic pension funds for urban employees. Transfer and continuation of basic old-age insurance relations for government agencies and public institutions: https://mmbiz.qpic.cn/mmbiz_png/MdUGXav450ExY3mLd97LX47GbZjE4uqxVC5753cfvnQsVVlushlKogZlaR6qhnDgibH2V4hNrvh0vFAJyclB7wA/640?wx_fmt=png. When insured persons move between government agencies and public institutions within the same planning area, only their basic old-age insurance relations are transferred, not the associated funds. https://mmbiz.qpic.cn/mmbiz_png/MdUGXav450ExY3mLd97LX47GbZjE4uq*bulLqFzShStQQItY2enHN0stibrSYNgTm5qwIXrS1Ou2jHDDT9aRpXg/640?wx_fmt=png When insured persons move within the framework of the pension insurance system for government agencies and public institutions across different coverage areas, their basic pension insurance records are transferred along with the relevant funds. https://mmbiz.qpic.cn/mmbiz_png/MdUGXav450ExY3mLd97LX47GbZjE4uqxfibmhBg6CeSy3sWVlCyyb43YibJTKPHENeibhzn6vXMpueQWsKTp1MHiaQ/640?wx_fmt=png When insured persons move from government agencies and public institutions to enterprises, their basic old-age insurance records are transferred along with the associated funds. When an insured person is approved by the relevant authorities to transfer from a government agency or public institution to an enterprise, their basic old-age insurance coverage is transferred to the social insurance agency responsible for handling basic old-age insurance for enterprise employees in the location of the new enterprise ； If an insured person leaves government agencies or public institutions due to reasons such as resignation or dismissal, their basic old-age insurance coverage is transferred to the social insurance agency responsible for enterprise employees’ basic old-age insurance in their place of household registration. In the future, for those who work and enroll in insurance outside their place of household registration, the transfer and continuation of basic old-age insurance relations shall be handled in accordance with the relevant provisions set out in the \"Notice of the General Office of the State Council on Forwarding the Interim Measures for the Transfer and Continuation of Basic Old-Age Insurance Relations for Urban Enterprise Employees issued by the Ministry of Human Resources and Social Security and the Ministry of Finance\" (Guo Ban Fa [2009] No. 66) ； During the period when professional and technical personnel from institutions such as universities and research institutes start their own businesses while retaining their employment relationships, it is possible to postpone the transfer of their basic old-age insurance records. After he formally completes the resignation process, depending on his re-employment situation, the basic old-age insurance relationship will be transferred and continued in accordance with the aforementioned procedures. https://mmbiz.qpic.cn/mmbiz_png/MdUGXav450ExY3mLd97LX47GbZjE4uqxIJfv54sqpWYt8tGGQFySBic7c9ticoEwzFywblEv2uggClQzVw5JcVBw/640?wx_fmt=png For insured persons who move across different insurance coverage areas or from government agencies or public institutions to enterprises, the individual contribution portion is calculated based on the total amount deposited in their personal basic pension insurance account for transfer purposes ； The employer’s contribution portion is calculated based on the actual salary paid in each year after the reform, with a total transfer rate of 12%. If the insurance coverage period is less than 1 year, the transfer is calculated based on the actual number of months for which contributions were made. https://mmbiz.qpic.cn/mmbiz_png/MdUGXav450ExY3mLd97LX47GbZjE4uqxdFWCvY6SONsc9UZ0J3QwEgj9825UmBeCx3iasCcXBkx6Nibc7R02LqQA/640?wx_fmt=png When insured persons move from enterprises to government agencies or public institutions, the transfer of their basic old-age insurance benefits is carried out in accordance with the provisions set out in Document No. 66 issued by the State Council in 2009, regarding both the individual contributions and the employer’s contributions. Among them, for those who were covered by the basic old-age insurance for enterprise employees before the reform and became covered by the basic old-age insurance for government agencies and public institutions after the reform, their basic old-age insurance records from the period when they were insured in enterprises are transferred and continued in accordance with the aforementioned methods. https://mmbiz.qpic.cn/mmbiz_png/MdUGXav450ExY3mLd97LX47GbZjE4uqxPR6sHLtFaIodHgqH5aJicZomQiaRhoHpiac9GUTdPwDicSGDMOcDlYqCjw/640?wx_fmt=png Those who participated in the pilot program for pension insurance in local government agencies and public institutions before the reform, and those who were included in the regular pension insurance system for such agencies and institutions after the reform, shall not have their employer contributions and personal contributions from the period of participation in the pilot program transferred when transferring their pension insurance records. The principal and interest of personal contributions made before the reform shall be handled in accordance with the relevant provisions set out in the “Notice by the Ministry of Human Resources and Social Security and the Ministry of Finance on Implementing the ‘Decisions of the State Council on Reforming the Pension Insurance System for Employees of Government Agencies and Public Institutions’” (Ministry of Human Resources and Social Security Document No. 28 [2015]). Editing | Guan Guan