Why does the payment of endowment insurance finally require SMS verification?

At present, there are three main ways to carry out endowment insurance qualification certification:

1, mobile phone authentication

Download the officially designated mobile APP and follow the prompts for self-authentication.

2. On-site certification

For the elderly who can't use smart phones, they can go to the local pension insurance agency for on-site certification. If you can't come to the office due to illness or other circumstances, you can ask a clerk to come to the door for certification.

3. Web authentication

Enter the local social security official website, find the column of endowment insurance certification, and carry out relevant certification according to the prompts.

Therefore, the way to identify the endowment insurance qualification is not only SMS verification, but also the above three ways can be selected arbitrarily according to personal needs.

legal ground

Article 11 of the "Social Security Law" the basic old-age insurance combines social pooling with individual accounts.

The basic old-age insurance fund consists of employers, individual contributions and government subsidies.

Article 12 of the Social Security Law, the employing unit shall pay the basic old-age insurance premium in proportion to the total wages of its employees as stipulated by the state, and record it in the basic old-age insurance pooling fund.

Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages 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 accounts respectively.

Article 13 of the Social Security Law Before employees of state-owned enterprises and institutions participate in the basic old-age insurance, the basic old-age insurance premiums that should be paid during the payment period shall be borne by the government.

When the basic old-age insurance fund is insufficient to pay, the government gives subsidies.