From July 1st, the "Social Insurance Law" is set  into effect, relating to pension, health care, unemployment, work injury, maternity and other kinds of social security, known as the "Basic Law" in social insurance field.

Lawyer Interpretation:

(1)When individuals who are participated in basic employee pension insurance have met the statutory retirement age and the total payment is less than fifteen years, the payment can extend to the full fifteen years.

(2)Enterprise where the employee stays has to pay for the industrial injury insurance if there is an industrial accident, when the enterprise hasn't pay industrial injury insurance in law. If the enterprise doesn't pay,the money will be deducted  from the work injury insurance fund in advance.

(3)Personal accounts of basic employee pension insurance may not withdraw in advance. Individuals who have met the statutory conditions of  basic pension before departure can have their personal accounts to be retained, and can receive corresponding pension insurance benifits  when they have reached the statutory recieving condition.