The basic old-age insurance combines social pooling with individual accounts. The basic old-age insurance system, which combines social pooling and individual accounts, adopts the traditional basic old-age insurance fund raising model, that is, the state, units and individuals share the burden; The basic old-age insurance fund implements social mutual aid; In the calculation and payment of basic pension, the structural calculation and payment method is adopted, emphasizing the incentive factors and labor contribution differences of personal account pension. The basic old-age insurance combines social pooling with individual accounts. 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. This means that the basic old-age insurance fund consists of employers and individuals and government subsidies. Among them, 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.
The materials required for social security payment are as follows:
1, personal social security, personal social security can only participate in old-age insurance and medical insurance, and you need to bring your valid ID card, unemployment certificate and two 1 inch photos to the local social security center;
2. The enterprise pays social security for its employees, and provides the original and photocopy of the enterprise business license, the original and photocopy of the organization code certificate, the photocopy of the ID card of the insured employee, the payroll of the insured employee and the official seal.
I hope the above content can help you. Please consult a professional lawyer if you have any other questions.
Legal basis: Article 11 of the Social Insurance Law of People's Republic of China (PRC) implements the combination of social pooling and individual accounts for basic old-age insurance. The basic old-age insurance fund consists of employers, individual contributions and government subsidies.