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What are the procedures for inter-provincial transfer of endowment insurance?
Procedures for inter-provincial transfer of endowment insurance:

Step 1: Before the insured person moves across provinces, he/she shall issue the payment certificate of basic old-age insurance to the social security agency of the original insured place.

Step 2: The insured person holds the payment voucher, registered permanent residence and ID card to handle the continuation relationship with the social security agency in the new place of employment.

Step 3: The social security agency of the new employment place will review whether the applicant meets the requirements within 15 working days.

Step 4: Within 15 working days after receiving the contact letter, the social security agency of the original insured place will clear up whether the applicant's insurance payment is in arrears and handle the transfer of the old-age insurance fund, terminate the applicant's local insurance relationship, and issue the basic old-age insurance relationship transfer and connection information form to the new insured place.

Step 5: The social security agency of the newly insured place shall complete the relevant procedures within 15 working days after receiving the information form and the transferred funds.

Materials required for inter-provincial transfer of endowment insurance:

1. When the social security agency in the receiving place issues the acceptance letter, it must provide the ID number of the transferor, the name of the transfer-in bank of the social security agency and the social security account number of the transfer-in place.

2. I must go to the company to handle the social security transfer formalities with the admission notice, social security manual and termination of the contract. When handling the transfer formalities, Wanjia Shi Sheng Human Resources Company will issue the transfer list of endowment insurance and the details of endowment insurance account to the transferor. 3. I must go to the medical insurance office to handle the medical insurance transfer procedures and medical insurance account settlement procedures with the pension insurance transfer list issued by the company.

The main features of endowment insurance:

First, national legislation is mandatory, and all enterprises, units and individuals must participate. Those who meet the conditions for receiving a pension can go to the social insurance department to receive a pension.

Second, the source of endowment insurance expenses is generally shared by the state, units and individuals, or by units and individuals to achieve extensive social mutual assistance.

Third, the old-age insurance is social, with great influence, large number of people enjoying it for a long time and huge cost. Therefore, it is necessary to set up specialized agencies to implement unified planning and management of modernization, specialization and socialization.

Legal basis:

Article 16 of People's Republic of China (PRC) Social Insurance Law

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age.

Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.