It is to meet the needs of those who fail to pay the old-age insurance premium on time for various reasons, and to allow them to pay the old-age insurance premium they owe at one time to ensure that they can enjoy the old-age security they deserve.

First, the conditions and objects of payment

In Liaoning province, one-time supplementary pension insurance is mainly suitable for those who failed to pay the pension insurance premium on time for various reasons in their past work. These people may include enterprise employees, individual industrial and commercial households, and flexible employees. It should be noted that the specific payment conditions may be different due to personal circumstances, payment period and related policies.

Second, the payment process and expenses

For those who meet the requirements for payment, they need to apply to the local social security department or relevant institutions. In the application process, you need to provide personal identification, work certificate, payment records and other related materials. The supplementary fee is calculated according to the endowment insurance fee owed by the individual and the supplementary period, and the specific amount needs to be determined according to local policies and regulations.

Third, the significance and influence of overdue payment

It is of great significance for individuals to pay the endowment insurance in one lump sum. First of all, the supplementary payment can ensure that an individual has paid a total of 15 years when he reaches the statutory retirement age, thus being eligible for the basic pension. Secondly, paying back can improve the level of personal pension benefits and enable them to enjoy better living security after retirement. In addition, paying back the pension will help to reduce the burden of the state and society and promote the sustainable development of the social security system.

IV. Precautions and Risks

When making a one-time supplementary pension insurance, individuals need to pay attention to the following points: first, make sure that they meet the conditions for supplementary payment and avoid wasting time and money because they do not meet the conditions; Secondly, it is necessary to understand local policies and regulations to ensure that the process and cost calculation of overdue payment are correct; Finally, we should pay attention to guard against possible risks, such as fraud and false propaganda.

To sum up:

Liaoning's one-time payment of endowment insurance is a solution for those who fail to pay endowment insurance premiums on time for various reasons. By paying back, individuals can ensure their old-age security rights and interests, improve the level of pension benefits and promote the sustainable development of the social security system. When applying for supplementary payment, individuals need to understand local policies and regulations, ensure that they meet the conditions for supplementary payment, and pay attention to prevent possible risks.

Legal basis:

Social Insurance Law of the People's Republic of China

Article 16 stipulates that:

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age. Individuals who participate in the basic old-age insurance can pay for less than fifteen years when they reach the statutory retirement age, and they can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.