What is the impact of the discontinuation of social security contributions?

Mondo Social Updated on 2024-02-01

Social security in life, whether it is direct or indirect, affects a lot of welfare, so in general, do not let social security be interrupted, but due to job changes or unintentional omissions, etc., it will inevitably occur, so what is the impact of social security payment at this time?

First, the first thing that will be affected by the social security payment is the medical insurance, once the social security is broken, the next month on the 1st can not be reimbursed, if you need to go to the hospital can only pay for yourself, it will cost a lot of money. In addition, medical insurance for women for 20 years and men for 25 years can only be enjoyed for life after retirement, and once the payment period is broken, it will be affected.

Second, pension insurance will also be affected, but the impact is not significant. Since the pension insurance is accumulated for many years, it is good as long as the temporary payment does not affect the number of years at the time of retirement, but if the pension is broken, it will be reduced.

Third, maternity insurance is affected, and most areas require maternity reimbursement to have recently paid for 9 consecutive months or a year of social security payment records, and once the payment is interrupted, you will not be able to enjoy maternity reimbursement and cannot apply for allowances.

Fourth, it affects the lottery to buy a car and a house, such as in Shanghai and other cities with purchase restrictions, if you are a foreign household registration, you need to pay social security for 5 consecutive years to participate in the lottery, buy a car and buy a house, as long as it is interrupted for one month, 5 years to be recalculated, and some policies are not recognized.

Fifth, the interruption of the provident fund will affect the housing loan, and the interruption of the provident fund will affect the public loan, and only the continuous and normal payment of the provident fund in Shanghai can apply for the provident fund loan for one year.

It can be seen that the impact of social security payment is significant, so do not let social security payment be interrupted unless it is absolutely necessary, and if there is a loss of payment, please make up the payment within three months.

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