Retirees don't need to transfer old-age insurance relationships

January 5, 2010 15 o'clock, the Deputy Minister of Human Resources Social Security Hu Xiaoyi received an interview with the Chinese government network, on the "realization of cross-border smooth transfer to ensure the protection of personnel rights and interests" for on-site interpretation and answer questions from netizens. [Netizen is gnawing old old person] I am not Beijing person, but son work in Beijing, I now retired, want to live together with son, in Beijing endowment.　　I heard this situation can not handle the transfer of the procedure, this is why? [Hu Xiaoyi] Now the speed of urbanization is speeding up, in addition to the demographic changes, the movement of people across the region has become a normal phenomenon.　　So many old people retire and live with their children, that is, to live in a city where their children work. This is also a very common phenomenon, we think this is in line with the Chinese traditional concept, but also in line with the humanities of such a tradition. But he has retired, has confirmed the pension to receive the land and to receive the standard, actually he does not need to take this relationship again (again moves to another place). Because we now have to deal with the problem of the trans-regional transfer of the old-age insurance relationship, mainly in order to realize that during the period of work, during the period of payment, his endowment insurance rights and interests can be continuously accumulated calculation problems.　　And after retirement, all his rights have been fixed, there is no more accumulation, the problem of convergence, so he did not need to transfer the relationship. Of course, for the convenience of his pension, we are now able to make a separate payment for pensions through the financial system. Many of the older people I know are not in the original insured land, and they can get their pensions through such a system. Of course, he can also apply for a bank account in Beijing, so that a way to pay a pension in different places, this is possible.