Where to Pay Pension Insurance

Employees who have a fixed work unit will have their pension insurance paid for by their unit, while freelancers, self-employed businessmen or urban and rural residents will have to go to the social security department or a designated organization in their place of domicile to make their contributions.

I. Employee Pension Insurance Contributions

For employees, pension insurance contributions are usually made by their organizations. The unit will deduct the individual's contribution from the employee's salary in accordance with the state's prescribed ratio and pay it together with the unit's contribution to the local social security department. Employees do not need to go to the social security department in person, but just need to make sure that their paychecks include deductions for pension insurance.

Second, freelancers, self-employed businessmen pension insurance

For freelancers, self-employed businessmen and other groups of people who do not have a fixed work unit, you need to go to the social security department in the place of domicile or the designated institutions for pension insurance. The process generally involves filling out an application form, providing documents such as proof of identity and household registration, selecting a contribution level and paying fees. The exact process may vary from region to region, so it is recommended that you consult your local social security department or relevant organization for detailed information.

Third, the urban and rural residents of the old-age insurance payment

Urban and rural residents of the old-age insurance is mainly for rural residents and urban residents who do not participate in the employee pension insurance. This group of people is also required to pay for their pension insurance at the social security department or designated organization in their household registration area. The specific payment methods and standards may vary depending on the region and policy, so it is recommended to consult with the local authorities for accurate information.

In summary:

The place of payment for pension insurance depends on the individual's employment status and domicile. Employee pension insurance is paid by the unit on behalf of the employee, while freelancers, self-employed businessmen and urban and rural residents need to go to the social security department or designated organization in their place of domicile. During the process, you should understand the local policies and regulations to ensure that you pay your pension insurance premiums in full and on time to protect your pension rights.

Legal basis:

The Social Insurance Law of the People's Republic of China

Article 10 stipulates:

Employees shall participate in the basic pension insurance, and shall pay the basic pension insurance premiums by the employing unit and the employees*** together.

Individual industrial and commercial households without employees, part-time workers who have not participated in basic pension insurance with their employing units, and other flexibly employed persons may participate in basic pension insurance and pay basic pension insurance premiums by themselves.

Article 12 stipulates:

Employers shall pay basic pension insurance premiums in proportion to the total wages of their employees as prescribed by the State, which shall be credited to the Basic Pension Insurance Coordination Fund.

Employees shall pay basic pension insurance premiums in proportion to their own wages as prescribed by the State, which shall be credited to their individual accounts.

Article 16 stipulates:

Individuals who have participated in basic old-age insurance shall receive a basic pension on a monthly basis if they have accumulated fifteen years of contributions by the time they reach the legal retirement age. Individuals who have participated in basic pension insurance and have contributed for less than fifteen years by the time they reach the statutory retirement age may contribute until they reach the full fifteen years and receive a basic pension on a monthly basis; they may also be transferred to the new type of rural social pension insurance or urban residents' social pension insurance, and shall enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.