Legal analysis: Urban and rural residence insurance is the collective name for the merger of urban residents’ pension insurance and rural villagers’ pension insurance. It is different from urban employee pension insurance in terms of insured payment objects, payment proportions, and security specifications.

Legal basis: "Social Insurance Law of the People's Republic of China" Article 12 The employer shall pay basic pension insurance premiums in accordance with the proportion of the total wages of its employees stipulated by the state, and record them in the basic pension insurance Coordinated funds. Employees should pay basic pension insurance premiums in accordance with the proportion of their wages stipulated by the state and record them into their personal accounts. Individual industrial and commercial households without employees, part-time employees who have not participated in basic pension insurance in the employer, and other flexible employment personnel who participate in basic pension insurance shall pay basic pension insurance premiums in accordance with national regulations and record them separately in the basic pension insurance pooling fund and personal accounts.