Does the participant have to be a local domicile

Participants are required to have local household registration.

They want to pay social security must be a local household registration can, for social security need to go to the streets, towns (townships) community affairs acceptance service center, the application materials are resident ID card front and back copy; "employment and unemployment registration card" or "labor manual" page copy of information page; I have in the designated financial institutions within the scope of the opening of the real-name settlement account card (folding) copy, and at the same time Signing the Authorization Letter (for withholding individual social insurance premiums by bank transfer); copy of the page of the first page of the household register and the page of the information page of the person himself/herself. It should be noted that in order to ensure timely processing of social security services, participants should provide a personal real-name bank account with settlement function, the details of which can be consulted with the bank to which your account belongs.

The old insurance includes the following types of insurance:

1, the basic pension insurance for urban workers, the basic pension insurance for urban workers refers to the state through the legislation, multi-channel fund-raising, the workers in the old age when the reduction or loss of labor income to give a certain amount of economic compensation, so that the participants can enjoy the basic livelihood protection of a social insurance;

2, the urban residents Social pension insurance, urban residents pension insurance fund mainly consists of individual contributions and government subsidies, applicable to urban residents who do not participate in the work or did not participate in the basic pension insurance for employees;

3, the new rural pension insurance, the new rural pension insurance of the insured farmers aged 60 years old will be able to enjoy the pension treatment, is the realization of the farmers old age security system is an important protection system.

The role of social security:

1, the more individuals pay, the more the unit for you to invest. Five insurance contributions are the same base units and individuals bear different proportions, the unit contribution is about two times the individual contribution.

2, the social security fund contributions are tax-free, not only to pay no personal income tax, treatment to receive no personal income tax, and the special account is not deducted interest tax; and if the salary as a payroll to me, is required to withhold personal income tax, deposited in the bank, there will be interest tax.

3. After paying pension insurance for a minimum number of years and reaching the legal retirement age, you can retire and receive a monthly pension. Pension can be received until death, and with the improvement of the standard of living of society and "only increase", will be adjusted every year to increase the capital, can make the old age is stable and reliable protection.

4, pay medical insurance can get medical insurance reimbursement; if the accumulated in-service contributions to meet the minimum number of years, after retirement can not continue to pay the basic medical fees and can enjoy higher than the level of reimbursement of in-service health insurance.

5. Paying for maternity insurance reimburses the cost of prenatal checkups, family planning surgery and childbirth surgery. Moreover, maternity insurance premiums are fully borne by the organization.

6, pay unemployment insurance can get unemployment insurance benefits and other subsidies in case of unemployment. Unemployment insurance is a policy-based insurance, which is usually not available in commercial insurance companies.

7, pay work injury insurance can be in the encounter of industrial accidents or occupational disease compensation, not afraid of 10,000, just be afraid of the eventuality, especially some of the major accidents, do not have to worry about small companies to delay payment of treatment. Moreover, the premiums for work injury insurance are fully borne by the organization.

8, the payment of housing fund is equivalent to the unit with you in the same proportion to deposit a tax-free income, can be withdrawn for housing-related purposes, if not used up in employment, retirement can also be a one-time take out; in addition, housing fund loan interest rates lower than commercial loans.

Summary of the above, you want to pay the social security must be a local household registration can, for social security need to go to the streets, town (township) community affairs acceptance service center for processing.

Legal basis:

Article 2 of the Social Insurance Law of the People's Republic of China

The state establishes a social insurance system of basic pension insurance, basic medical insurance, industrial injury insurance, unemployment insurance, maternity insurance, etc., and guarantees the right of citizens to obtain material assistance from the state and society according to the law in case of old age, illness, industrial injury, unemployment, maternity, etc.

This is the first time that the state has established a social insurance system for the people of China and the people of China.