Pension has always been a topic of great concern to everyone, and is one of the most important social pension insurance benefits. After the laborer is old or has lost the ability to work, according to their contribution to the society and the qualification or retirement conditions for enjoying the endowment insurance, the insurance benefits paid in the form of money on a monthly or one-time basis, so as to ensure the security of the elderly. But should the pension be paid for 15 years in a row? Can endowment insurance be accumulated?
Endowment insurance payment can be interrupted, as long as the accumulated payment of 15 years before retirement can be, of course, pension insurance payment for 15 years but not reached the retirement age of personnel, it is best to continue to pay, otherwise their retirement benefits will be affected.
If the payment is interrupted, according to the current policy, when the retirement age is reached to determine the basic endowment insurance benefits, the calculation base of the basic pension can only be determined according to the average wage of the city's on-the-job employees in the previous year when the payment is interrupted; If the payment is interrupted for many times, the whole year of interruption of payment shall be deducted, and the accumulated payment period shall be calculated, and the basic pension shall be determined according to the calculated payment period and the monthly average wage of the on-the-job employees in the whole city last year; if the retirement age is reached but the payment is less than 15 years, if the applicant applies, the payment can be continued to the full 15 years after approval.
The amount of basic pension for retirees depends on the length of payment years and the level of payment base. The new pension payment method stipulates that the higher the payment wage and the longer the payment time, the higher the pension insurance benefits after retirement, and the higher the adjustment of normal treatment in the future. It is not only possible to pay for 15 years.
Extended data:
Endowment insurance, the full name of social basic endowment insurance, is a kind of social insurance system established by the state and society according to certain laws and regulations to solve the problem of laborers' basic life after they reach the labor age limit of relieving labor obligations stipulated by the state, or withdraw from the labor post due to old age loss of labor ability.
Endowment insurance is an important part of the social security system, and it is one of the most important types of social insurance.
The purpose of endowment insurance is to protect the basic living needs of the elderly and provide them with a stable and reliable source of life.