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How to deal with the endowment insurance for urban unemployed residents? What are the conditions for

The relevant procedures for the participation of the freelancers in the pension and medical insurance are handled by the labor service offices of the streets (towns and towns) where the registered residence is located. When making the registration for the elderly and medical insurance, they need to provide occupation manual and pension transfer list. How to deal with the endowment insurance for urban unemployed residents? What are the conditions for receiving endowment insurance?

Requirements and conditions:

Freelancers refer to the self-employed persons who have urban registered permanent residence in the city, male less than 60 years old, female less than 55 years old, have no labor relationship with the unit, and are engaged in certain legal economic income.

In principle, the base and proportion of pension and medical insurance premiums paid by freelancers shall refer to the city's regulations on individual industrial and commercial households and their helpers.

After the self-employed pay the pension and medical insurance premium according to the regulations, the social insurance institution shall establish an individual pension insurance account for them according to 11% of their payment base, record the payment period, and issue the pension insurance payment manual and medical insurance payment manual.

Extended information:

Two conditions must be met to receive endowment insurance

1、 Reaching the statutory retirement age,

2、 The payment period of endowment insurance is more than 15 years.

Before the implementation of the national endowment insurance system for employees, the length of service and length of service of the insured are regarded as the number of years of paying endowment insurance. After the implementation of the national endowment insurance system for employees, one year is counted as one year. If the insured does not pay enough years, they must pay enough to get the pension.

The statutory retirement age is different for different genders. In 2017, the statutory retirement age for women was 55 years old and for men was 60 years old. In 2018, new regulations were issued. Starting from 2018, the retirement age of female employees was delayed by one year every three years, and that of male employees was delayed by one year every six years until they reached 65 years old in 2045.