Is it the same for companies to pay social security and individuals to pay pensions after retirement?

Enterprise social security: individuals who participate in the basic old-age insurance will receive the basic old-age insurance monthly when they reach the statutory retirement age and have paid 15 years. If the accumulated payment is less than fifteen years when reaching the statutory retirement age, the payment can be made for fifteen years, and then the basic pension can be received monthly. If an individual who participates in the basic old-age insurance dies due to illness or non-work, his will can receive funeral subsidies and pensions; Persons who have completely lost their ability to work due to illness or non-work-related disability before reaching the statutory retirement age can receive disability allowance. ?

Personal social security: the social security paid by individuals is an old-age insurance system covering non-employees with urban household registration. Most cities pay an annual fee, and voluntary insurance is not compulsory. In addition, in addition to individual contributions, the government will also subsidize individual social security. The more individual contributions, the more government subsidies, and all individual contributions and government subsidies are included in the insured's personal account.

Extended data:

Precautions:

After paying social insurance for one month (the next month), you should ask the social security agency for proof of payment every month, or log on to the social insurance website to see if you really paid social insurance.

In the contract with the social security agency, it is necessary to stipulate how the agency will charge fees when manual reimbursement is required, or how much manual reimbursement is included in the service fee. Many agency companies will temporarily charge high fees, which will lead to some disputes or make clients bear more agency fees because there is no agreement in advance.

Baidu encyclopedia-social security payment

Baidu Encyclopedia-Personal Social Security