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How can endowment insurance be interrupted? What to do if the pension insurance is interrupted

Endowment insurance is a kind of insurance that everyone pays more attention to, but because the insured changes jobs and other reasons will lead to the interruption of endowment insurance, how can endowment insurance be interrupted? How to deal with the interruption of endowment insurance?

Can endowment insurance be interrupted?

According to the relevant policies and regulations of China's endowment insurance, after reaching the legal retirement age, the insured of the endowment insurance can enjoy the relevant treatment of the endowment insurance when the cumulative payment period reaches the minimum period (generally 15 years). It can be seen from the word "accumulation" here that it is OK to interrupt endowment insurance, but if the interruption time is too long, it will affect the pension level of the insured.

How to deal with the interruption of endowment insurance?

1. As the endowment insurance is calculated cumulatively, the endowment insurance will not be invalidated. If the insured who participated in the work before July 1, 1998 has paid the basic endowment insurance for more than 10 years accumulatively, and the insured who participated in the work after July 1, 1998 has paid for 15 years at the retirement age, they can enjoy the pension treatment. In the middle, it is allowed to pay off.

2. During the period of receiving unemployment benefits, it is allowed to suspend the payment. If the payment is interrupted due to other circumstances, it will be treated as arrears and must be made up. If you choose to pay later and continue to pay, you can continue to calculate.

3. According to the relevant policies, if the unit or individual fails to pay the basic endowment insurance premium in full and on time due to some reason, it will be deemed to be in arrears. The overdue month, whether in full or in part, shall not be recorded in the individual account temporarily. Only after the unit or individual makes up the overdue amount according to the regulations, can it be recorded in the individual account.

4. During the period when the enterprise where the employee belongs fails to pay the endowment insurance fee, the employee may continue to pay the endowment insurance, and the fully paid fee will be recorded in the individual account and calculated as the actual payment period of the employee.

5. In case of default payment, the payment in the future will be recorded in the way of rolling distribution: that is to say, the payment shall first make up the overdue payment and interest before the payment, and the remaining part of the payment shall be taken as the payment in the current month.

6. It is necessary to pay overdue fine for making up endowment insurance, which is calculated on the basis of 2 / 1000 of a day. It is determined according to the actual situation.

7. For the individual employees and the flexible employees, if the payment is interrupted due to the unstable income and other personal reasons, the payment shall be interrupted according to the relevant regulations, and no supplementary payment is allowed. If the accumulated contribution is less than 15 years by the time of retirement, the pension in the individual account will be refunded in one time and the pension insurance treatment will not be enjoyed any more.