Job Recruitment Website - Social security inquiry - Can residents' social security and employees' social security be bought at the same time?

Can residents' social security and employees' social security be bought at the same time?

Legal analysis: you can't buy it at the same time. Employees should pay employee social security by the employer, and non-employees can only voluntarily participate in resident social security. There is a difference between the two. For example, employees pay a monthly fee and residents pay an annual fee. The nature of payment is different. Medical care and endowment insurance for urban workers belong to the category of compulsory payment by the state, and residents are voluntarily insured. For different groups of people, employee social security is aimed at social employment, and resident social security is mainly aimed at unemployed people or freelancers with local household registration. The amount of payment is different from the welfare benefits enjoyed. Employees' social security contributions are higher than those of residents, so they enjoy more benefits.

Legal basis: Article 16 of the Social Insurance Law of People's Republic of China (PRC) stipulates that individuals who have participated 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.