Individual employees pay 8% of their average monthly salary in the previous year, and the unit pays 20% of the employee's total salary; flexible employees pay 20% of the basic pension insurance premium, of which 12% is included in the overall fund and 8% is included in the personal account.

Social security is social insurance. It refers to a non-profit social security system with the function of income redistribution that the state forces most members of society to participate in in order to prevent and share social risks such as old age, unemployment, illness, and death, and to achieve social security.

, including five types of insurance: pension insurance, medical insurance, maternity insurance, unemployment insurance, and work-related injury insurance.