Can individuals pay employee pension insurance?

Employees' pension insurance can be paid by themselves. Payment method is as follows:

1, one payment method is to pay employee medical insurance and employee endowment insurance as flexible employment, which is actually employee social security. The employee's medical insurance paid by flexible employment status has reached a certain number of years (generally 20-30 years, depending on local policies). After reaching retirement age, employees can enjoy medical insurance benefits without paying medical insurance. At present, employees' pension insurance has reached 15 years, and they can enjoy pension insurance benefits after retirement.

2. Another payment method is to directly pay residents' medical insurance and residents' old-age insurance, which belongs to residents' social security and is mainly aimed at the elderly, children, freelancers or unemployed residents. If it is a rural hukou, the social security of residents mainly includes rural endowment insurance and new rural cooperative medical system. If it is an urban resident account, the social security of residents can also be called urban employee insurance.

Endowment insurance is an important part of social security system and one of the five most important social insurances. The so-called endowment insurance (or endowment insurance system) is a social insurance system established by the state and society according to certain laws and regulations to solve the basic life of workers who reach the working age limit stipulated by the state and terminate their labor obligations or quit their jobs because of old age. Old-age insurance will take effect automatically after the elderly within the legal scope completely or basically withdraw from social labor life. The purpose of endowment insurance is to protect the basic needs of the elderly and provide them with a stable and reliable source of life.

Legal basis: Article 16 of the Social Insurance Law of People's Republic of China (PRC).

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age.

Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.