Questions about pension insurance?
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Recently, the company plans to arrange pension insurance for us. I am from Xinyang, Henan Province; after graduating, my employment records were left with the local personnel bureau there. The company is located in a county in Weifang, Shandong Province, and due to various issues related to document transfer, I haven’t brought my records with me when I came here. I would like to ask: if I ever leave this place and go to work in another location or in a different province, can this pension insurance be transferred to that new workplace?
Sure, both pension insurance and housing provident funds can be transferred across provinces.
**Under the policy, effective January 1, 2010, pension insurance plans cannot be withdrawn; only the coverage can be transferred. All procedures can be completed in 45 working days. All persons participating in the basic old-age insurance for employees of urban enterprises, including **, can have their basic old-age insurance coverage transferred along with them when they change jobs across provinces ； While transferring the balance in the individual account, 12% of the contributions made by the employer are also transferred, which amounts to 60% of the amount contributed by the employer ； The contribution periods of insured persons in different locations are combined for calculation, and the balances in their individual accounts are added up together, with **equal treatment applied to all. To prevent insured persons from having to travel back and forth between two locations in order to handle the transfer process, the interim measures establish a unified procedure: when an insured person leaves their place of employment, the social insurance agency issues them a certificate confirming their insurance coverage and payment status ； To enroll in insurance at a new place of employment, one only needs to submit a written request to transfer the insurance coverage; the social insurance agencies in both the originating and new locations will handle the procedures for review, confirmation, and cross-regional transfer on behalf of the applicant.
What was said upstairs refers only to policies; currently, many places are also discussing ways to find solutions for keeping pension insurance in the local area.
Of course. . . . . . . . . .
3# benban: If it’s the five types of insurance – pension, health, unemployment, work-related injury, and maternity insurance – can they all be transferred across provinces? The procedures must be troublesome, right?
This still depends on your own personal circumstances. The transfer of pension benefits cannot be done as one wishes; at present, it is only possible to transfer them back to the place of one’s household registration. Additionally, one can receive a pension in a certain place after having paid contributions there for ten years, provided that a total of 15 years of contributions have been made overall. Policies may change over time, but the general trend remains clear – they are becoming increasingly user-friendly~~~
Therefore, I suggest that for those students whose variable values are relatively high, there is no need to rush to transfer their pension benefits to another location; it’s better to wait until policies change again, so as to avoid any losses~
At present, only funds for pension and housing provident funds can be transferred; medical insurance will also allow nationwide roaming starting in July. As for other types of funds, they cannot be transferred. For specific procedures, please consult the local social security authorities.
Shandong’s pension insurance system is interconnected across the entire province, so there is no need to worry about transfer issues when changing jobs within the province.
To transfer insurance, only an ID card and a transfer form issued by the social security office are required.