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Do contract drivers in Tong Yuan pay social security?

Tong Yuan Logistics Company must pay five insurances for its employees, but the provident fund is not mandatory.

The Regulations on the Administration of Reporting and Paying Social Insurance Fees issued by Ministry of Human Resources and Social Security clearly stipulates that the employer shall register social insurance for employees and declare and pay social insurance fees within 30 days from the date of employment. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay. Any employing enterprise must abide by the relevant provisions of China laws and labor laws and protect the legitimate rights and interests of employees.

Tong Yuan generally refers to YTO Express. YTO Express, registered on April 14, 2000, is a private limited liability company, which belongs to the postal industry. Its headquarters is located in huaxin town, Qingpu District, Shanghai, with a registered capital of 82 1.22 million yuan and the number of participants 1.229. Its predecessor was "Shanghai YTO Express Company Limited".