Where can I pay the endowment insurance?

First, where is the endowment insurance paid?

Individuals who want to pay social endowment insurance can apply for self-employment and social insurance in the town, street or social security office where your account is located, and ask for personal social insurance. If the local bank allows payment, he can also apply for self-employment and insurance at the agreed bank. But individuals must pay social security, medical insurance and endowment insurance at the same time. General street offices will have social security agencies and can also consult.

For employees, the endowment insurance is withheld and remitted by the employer. Of course, employees can also consult the local social security bureau about the payment of individual endowment insurance.

Second, what is social security?

Social insurance is a social and economic system that provides income or compensation for those who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons. The main items of social insurance include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.

The social insurance plan is organized by the government, forcing a certain group to use part of its income as social insurance tax (fee) to form a social insurance fund. Under certain conditions, the insured can get fixed income or loss compensation from the fund. It is a redistribution system, and its goal is to ensure the reproduction of material and labor and social stability.

In China, social insurance is an important part of the social security system, occupying a core position in the whole social security system. In addition, social insurance is a contributory social security. The funds are mainly paid by employers and workers themselves, and the government finances give subsidies and bear the ultimate responsibility. However, workers can only enjoy the corresponding social insurance benefits if they fulfill their statutory payment obligations and meet the statutory conditions.

There are many options for the payment location of endowment insurance. Generally speaking, the payment of endowment insurance can be carried out in the following ways: First, you can choose to go through the payment procedures at the Social Security Bureau, and usually each region has a corresponding Social Security Bureau office. Secondly, some large enterprises and institutions will also set up special human resources departments, where they can go through the payment procedures. In addition, some banks, post offices and other financial institutions also provide pension insurance payment services, you can go to the relevant outlets to handle it. Another way is to pay through internet channels. Some provinces and cities have launched online payment platforms, which you can operate on related websites. In short, according to the personal situation and local policies and regulations, choose the appropriate payment place to pay the old-age insurance.

Legal basis:

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

Chapter II Basic Endowment Insurance

Tenth employees should participate in the basic old-age insurance, the basic old-age insurance premiums paid by the employer and employees. 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.