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Can pension insurance be renewed after interruption? What are the effects of pension insurance inter

Can pension insurance be renewed after interruption? What are the effects of pension insurance interruption

4hw.com.cn: now many friends have to stop paying old-age insurance because they leave or change jobs. So how to renew the pension insurance? What are the effects of pension insurance interruption? Let's have a look.

How to renew old-age insurance after interruption?

The question is, how to renew it? The method is very simple. The interrupted payers can go to the local street (town) labor security service center to go through the formalities of connecting the old-age insurance relationship with their citizen ID card (household register), old-age insurance manual and their own files. If it is interrupted when resigning, the work unit will continue to pay for it when finding a new job.

The pension benefits of insured employees after retirement are related to the length of payment years and the amount of payment. The longer the payment time and the higher the payment base, the higher the pension benefits they enjoy when they retire, and vice versa. Once interrupted, it is best to renew it as soon as possible.

What is the impact of the interruption of pension insurance?

It is understood that when employees fail to pay the basic endowment insurance premium after interrupting their work, the payment period will not be calculated, but the personal account will be retained by the original agency, and the storage amount of the personal account will be calculated continuously. In other words, the interruption of pension insurance will not affect the account, but will affect the pension. Endowment insurance can be accumulated for years. The more you pay, the more you receive. The shorter the interruption of payment, the smaller the impact on individual pension; The longer the interruption of payment, the greater the impact. In order to ensure the life after retirement as much as possible, it is best to renew it as soon as possible.