1. What is length of service?
That is, the number of years of work in which mental or physical work is carried out, and the wage income is the whole or main means of subsistence**. The so-called length of service is the number of years of payment + the number of years of deemed payment.
2. What is the payment period?
(1) Deemed payment period
To put it simply, the deemed payment period is the number of years of continuous service calculated in accordance with the relevant provisions of the state before the insured employee establishes a personal account, which is a legal right and interest of employee social insurance.
The conditions for calculating the benefits of the deemed payment period are: first, the employee must participate in the endowment insurance; The second is the employees recruited with the approval of the labor and personnel department (the competent department of the industry), the college and secondary school students uniformly allocated by the state, and the retired servicemen uniformly placed by the state, and the third is the continuous length of service before the establishment of personal accounts.
(2) The actual number of years of payment
The actual payment period includes the payment period before the establishment of the individual account, which refers to the retirement pension paid by contract workers recruited since October 1986. After the establishment of a personal account, the payment period of the unit and the individual. In general, it includes the payment period before the unified account combination model and the payment period after the unified account integration model
3. The number of years of calculation and payment of transitional pensions
It refers to the transitional pension calculation period stipulated by the provinces (municipalities and autonomous regions).
Generally speaking, the deemed payment period for employees of government agencies and institutions is the transitional pension calculation period, and the transitional pension calculation period for enterprise employees has its particularity.
The insured entered the enterprise as a temporary worker in January 1985, was recruited as a regular worker in 1988, and began to establish an account in April 1992. The place stipulates that the transitional pension will be calculated before December 1995 and retired in December 2023. The total length of service of the employee is 39 years, that is, 468 months, and the payment period is 456 months, including the retirement pension of contract workers, a total of 75 months from January 1986 to March 1992, and the payment period before the unified account combination model is 45 months from April 1992 to December 1995.
The period of payment of the transitional pension is 132 months, i.e. from January 1985 to December 1995.