The transfer of pension insurance relationship is to transfer the pension insurance paid in the original place of work to the new place of work. With this business, no matter where you work, the pension insurance relationship can be transferred.
With the increasing number of long-distance employment and long-distance pension, whether the pension insurance relationship needs to be transferred and how to transfer it has become a topic of concern for the insured. I have compiled a "practical post" for the transfer of pension insurance relations for you, come and learn about it.
How many types of transfer are there for the basic pension insurance relationship?
The Regulations on the Administration of Social Insurance will come into force on 1 December 2023. Among them, the transfer of basic pension insurance relationship mainly includes four situations:
1. Individuals who participate in the basic pension insurance for employees are employed across provinces, and the basic pension insurance relationship of employees is transferred with them.
For example, if a company in Beijing changes jobs to a company in Shanghai, the two companies are not in the same province, which means inter-provincial mobility and the need to transfer the pension insurance relationship.
2. Individuals participating in the basic pension insurance for employees who move for employment between different types of employers, such as government agencies, institutions and enterprises, shall transfer their basic pension insurance relationship with them.
For example, if you used to work in rural agriculture and participated in the pension insurance for urban and rural residents, and then applied for work in an enterprise and participated in the pension insurance for urban employees, this is a cross-system flow, and the pension insurance relationship also needs to be transferred.
3. Individuals who participate in the basic old-age insurance for urban and rural residents and do not enjoy benefits can transfer their household registration across the overall planning area, and their basic old-age insurance relationship for urban and rural residents can be transferred with them.
4. Individuals participating in the basic old-age insurance for employees and the basic old-age insurance for urban and rural residents can go through the procedures for system convergence after reaching the statutory retirement age of the basic old-age insurance for employees.
Note: If you have already started to receive a pension, no matter what the situation, you do not need to transfer the pension insurance relationship!
Q: If I move to work in the province, I don't need to transfer, right?
A: It depends on the situation.
If the employees of the enterprise are mobile and employed in the province, they do not need to transfer the pension insurance relationship.
At present, all provinces in the country have realized the provincial overall planning of enterprise employee pension insurance, and the mobile employment in the province does not need to transfer the pension insurance relationship, but only needs to change the registration.
If there is a flow between organs and institutions in the province or between institutions and enterprises, it is necessary to transfer the basic pension insurance relationship.
Is there an age limit for the transfer of pension relationship?
Before receiving the basic old-age insurance benefits in accordance with the provisions of the state, the insured persons can handle the transfer of relationship in the old-age insurance system for urban employees and the old-age insurance for urban and rural residents.
Those who need to go through the connection between the two systems of urban employee pension insurance and urban and rural residents' pension insurance can apply for system connection after reaching the statutory retirement age of urban employee pension insurance and before receiving pension insurance benefits.
Q: I have worked in several cities, is there a limit to the number of transfers of pension insurance relationship?
A: There is no limit on the number of transfers of pension insurance before receiving basic pension insurance benefits according to national regulations.
Q: Is there a time limit for processing, and do I need to apply immediately after changing my place of work?
A: There is no time limit for transferring the pension insurance relationship before receiving the basic pension insurance benefits according to the regulations.
You can choose to apply now or before receiving the treatment!
Countdown to pension merger
On October 1, 2024, after the opening of the new pension regulations, the problem of large gap in pension treatment may be improved.
The "Decision on the Reform of the Pension Insurance System for Employees of Organs and Institutions" issued by the State Council clarified that from October 1, 2014, the pension insurance system of organs and institutions will be reformed, and the basic pension insurance system will be implemented that combines social pooling and personal accounts and is unified with the employees of enterprises.
The "Decision" also emphasizes the establishment of a 10-year "transition period" on the basis of the reform in order to achieve a smooth transition between the two pension systems and to ensure that the level of benefits of retirees is not reduced. to the mainland's pension system.
Supplement: Pension dual track and pension merger
1. Pension Dual Track:
The first is government agencies and institutions, and the second is the employees of enterprises, that is, what people commonly call inside and outside the system. Literally there is a difference between inside and outside, but in fact there is a large gap in pensions.
Taking Zhengzhou, Henan Province as an example, in 2023, the average monthly per capita pension for enterprise employee pension insurance retirees will be 3,335.71 yuan, and the average monthly per capita pension for retirees in government institutions will be 5,450.34 yuan.
2. Pension merger:
That is, inside and outside the system, the pension payment rules are unified.
Before the pension merger, the pension in the system was issued by the state finance, and the amount of the pension mainly depends on the working years and rank. After the pension is merged, the same inside and outside the system, it is jointly paid by units and individuals, and the amount of money mainly depends on the social security payment base and payment period.
Pensions are the same ≠ pensions are combined
After the merger of the pension system, whether it is the insured personnel of government institutions and institutions, or the insured employees of enterprises, a unified pension calculation and payment method will be implemented, namely:
Pension = basic pension + personal account pension + occupational annuity / enterprise annuity
The calculation is as follows:
1. Basic pension = (average salary + payment base) ÷2× payment period×1%
It is not difficult to see from the formula that the higher the contribution base and the longer the payment period, the higher the basic pension.
2. Personal account pension = total pension insurance paid / number of months
The level of the personal account pension depends on the accumulated savings in the personal account and the retirement age. The more accumulated savings in the personal account, the older the retirement age, and the more pension the personal account.
For example, if a male employee retires at the age of 60, the number of months of payment is 139 months. Female employees retire at the age of 50 in production and service positions, and the number of months of payment is 195 months. Female employees retire at the age of 55 for management and technical positions, and the number of months is 170 months.
3. Occupational Annuity/Enterprise Annuity
Occupational annuity and enterprise annuity both belong to the supplementary endowment insurance system, the difference is that the occupational annuity is a supplementary endowment insurance in addition to the basic endowment insurance for public employees, and the enterprise annuity is a supplementary endowment insurance system voluntarily established by enterprises and their employees on the basis of participating in the basic endowment insurance in accordance with the law.
The two are different in the way of collection,
Occupational pension: Staff members receive occupational pension benefits on a monthly basis upon retirement.
Enterprise annuity: After retirement, the staff can receive the enterprise annuity treatment in a lump sum or in installments.
To sum up, after the merger of the pension system, the security system of "combining social pooling and personal accounts" is adopted, and the level of treatment is directly linked to the length of payment time and the level of payment base.