What does the Social Security Card Association mean?

1, the social security card association means that the social security card can be used as a bank card, and users can directly deposit and withdraw money with the social security card or use it in shopping malls. The employer shall pay the basic old-age insurance premium in accordance with the national practice and record it in the basic old-age insurance pooling fund. Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.

2. Article 12 of the Social Insurance Law stipulates that the employer shall pay the basic old-age insurance premium according to the proportion of the total wages of the employees of the unit stipulated by the state, and pay the basic old-age insurance premium according to the proportion of the wages of the basic old-age insurance coordinator, and record it in the personal account.

3. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer, and insurance shall pay the basic old-age insurance premium in accordance with state regulations, and record it in the basic old-age insurance pooling fund and individual account respectively.