Is Ningbo Social Security the same as Yuyao Social Security?

Legal analysis: the unit payment and individual payment should be the same, because Ningbo and Yuyao are both cities with separate plans in Ningbo. Calculated according to the average wage of employees in Ningbo. If freelancers are insured, they may pay their own fees and receive different benefits, because the pensions of freelancers are calculated according to the average wages of employees in Ningbo and Yuyao respectively, and there will be differences if the average wages of employees in the two places are different.

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

Sixteenth individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have accumulated contributions for 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.

Seventeenth individuals who participate in the basic old-age insurance, due to illness or non-work-related death, their survivors can receive funeral grants 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. The required funds are paid from the basic old-age insurance fund.