What does it mean to pay on behalf of others?

Hello, dear. Old-age insurance benefits are paid by individuals, not directly by social security institutions, but with the assistance of banks. 1 refers to the procedure that the old-age pension was originally paid by the local social security agency to those who meet the conditions for receiving the old-age pension; 2. The procedures for issuing pensions shall be handled by the agent banks designated by the local social security institutions (such as ICBC and CCB). , varies from place to place), according to the amount stipulated by the social security agency, on time and in full every month to the party's bank card as an agent.