How Do Rural Residents Pay Social Insurance? A Detailed Explanation of Enrollment Methods and Procedures

Social insurance generally refers to social insurance, the most important component of the social security system. It refers to a non-profit social security system with an income redistribution function that the state mandates the majority 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. Now let us take a look at how rural residents pay social insurance!

Can rural residents pay social insurance?

Rural residents can pay social insurance. Social insurance is a social and economic system that provides income or compensation to the population that has lost the ability to work, temporarily lost their job, or suffered losses due to health reasons. It is organized by the government, which mandates a certain group to contribute part of their income as social insurance taxes (fees) to form a social insurance fund. When certain conditions are met, the insured can obtain fixed income or compensation for losses from the fund. Social insurance is a redistribution system whose goal is to ensure the reproduction of material goods and labor power and the stability of society. Its main items include endowment insurance, medical insurance, unemployment insurance, work-related injury insurance, maternity insurance, etc.

How do rural residents pay social insurance?

1. Pay the five social insurance items yourself as a flexibly employed person at the place of household registration.

2. If you have a work unit, the work unit pays social insurance for you.

3. Choose to pay the new rural endowment insurance, commonly known as rural insurance. This depends on the region; in some areas, if you have paid rural insurance you cannot pay social insurance, and if you have paid social insurance you cannot pay rural insurance.

Procedures for handling individual social insurance

1. Insurance types: basic endowment insurance, basic medical insurance

2. Contribution ratio: basic endowment insurance + local supplementary endowment 19%, basic medical insurance + local supplementary medical 8.5%.

3. Required materials

① Fill out the "XX City Social Insurance Individual Contribution Declaration Form" and the "Entrusted Bank Social Insurance Fee Collection Contract".

② Photocopy of your ID card and household register (originals must be verified).

③ For first-time insured persons, those who entered Shenzhen household registration through recruitment or transfer must provide a photocopy of the transfer order (or recruitment form) (originals must be verified); for employees who moved their household registration in, women aged 35 and men aged 45 or above must also provide a certificate of endowment insurance participation status issued by the social insurance agency of the original place of relocation.

④ Photocopy of the page showing the account name and account number of your own savings bank passbook opened at one of XX Construction Bank, Bank of China, Agricultural Bank of China, or Industrial and Commercial Bank of China (originals must be verified).

⑤ Those who already have the "XX City Labor Security Card" or the "XX City Employee Social Insurance Certificate" must have the "XX City Labor Security Card" or the "XX City Employee Social Insurance Certificate" verified when applying for individual insurance participation and contribution. Those applying for the "XX City Labor Security Card" must provide a digital photo receipt from a photo studio connected to the second-generation ID card network recognized by the municipal public security organ.

4. Handling procedures

① Go to the individual contribution window of the social insurance agency to collect and fill out the "XX City Social Insurance Individual Contribution Declaration Form" and the "Entrusted Bank Social Insurance Fee Collection Contract".

② Take the "Entrusted Bank Social Insurance Fee Collection Contract" to the account-opening bank to have the official seal affixed.

③ Take the materials required for insurance participation, the "XX City Social Insurance Individual Contribution Declaration Form" and the "Entrusted Bank Social Insurance Fee Collection Contract" to the individual contribution window of the social insurance agency in the district where your household registration is located to handle the insurance participation procedures.

④ Those who need to apply for the "XX City Labor Security Card" must come in person to handle it, and provide a photocopy of their ID card (originals must be verified) as well as a digital photo receipt from a photo studio connected to the second-generation ID card network recognized by the municipal public security organ.

5. Notes: The insured person should deposit sufficient funds for the current month's social insurance premium in the bank collection account before the 21st of each month to prevent collection failure. If collection fails for three consecutive months, the social insurance agency should stop their insurance participation; if they participate again, they must declare again.