Can I pay the old-age insurance for employees without suspending the old-age insurance for urban and rural residents?

If the endowment insurance for urban and rural residents is not suspended, the endowment insurance for employees can be paid.

Social security for urban and rural residents paid in the form of flexible employment in the place where the household registration is located belongs to social security for urban and rural residents. Social security for urban and rural residents is paid in installments, once a year, but not once. If it is the employee social security paid by the unit, it needs to be paid monthly. The social security paid by the unit is mandatory by the state and paid monthly.

Criteria for applying for pension:

1, payment period: enterprises and individuals must pay the old-age insurance premium according to the regulations, and they can enjoy the old-age insurance benefits only after reaching the prescribed payment period;

2. Payment amount: Enterprises and individuals must pay the old-age insurance premium in accordance with the regulations and pay the insurance premium in full in order to enjoy the corresponding old-age insurance benefits;

3. Age requirements: enterprises and individuals must reach the required retirement age to enjoy the old-age insurance benefits;

4. Other conditions: For example, enterprises and individuals must have full capacity for civil conduct, enterprises must be registered, and individuals must be within the prescribed social security contributions.

Pension conditions:

1. Age requirements: male is over 60 years old, female is over 50 years old, and has paid social security 15 years (inclusive);

2. Payment requirements: while paying social security fees, pay old-age insurance premiums according to regulations, and pay continuously 15 years (including 15 years) and cumulatively 180 months;

3. Special circumstances: groups with special difficulties such as low-income households, rural five-guarantee households and poor people can receive pensions in advance regardless of whether the payment period meets the conditions;

4. Retirement: At the normal retirement age (male 60, female 50), you can receive a pension.

To sum up, tax-deferred old-age insurance and personal pension are both set up to meet people's old-age needs, but each has different characteristics and advantages.

Legal basis:

Article 10 of People's Republic of China (PRC) Social Insurance Law

Employees shall participate in the basic old-age insurance, and the employer and employees shall jointly pay the basic old-age insurance premium.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium.

The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.