Address of Social Security Center, Jiading District, Shanghai: No.69 Bole Road, Jiading Town
Social security is a system that takes the state or the government as the main body, and provides material help to citizens when they temporarily or permanently lose their ability to work and have difficulties in life due to various reasons, according to the law, so as to ensure their basic livelihood.
Legal basis:
Article 1 of the Social Insurance Law of the People's Republic of China
Employees shall participate in the basic old-age insurance, and both the employer and the employee shall 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 endowment insurance for civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.
Article 11
The basic old-age insurance shall combine social pooling with individual accounts.
The basic old-age insurance fund consists of contributions from employers and individuals and government subsidies.
article 12
the employer shall pay the basic old-age insurance premium according to the proportion of the total wages of its employees stipulated by the state and record it in the basic old-age insurance pooling fund.
employees should pay the basic old-age insurance premium according to the proportion of their salary stipulated by the state and record it in their personal accounts.
individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual account respectively.