What does company social security mean?

Company social security is five risks, which is social insurance. Social insurance is compulsory. According to national laws, as long as the company has employees, the company must buy social insurance for them. Social insurance includes industrial injury insurance, unemployment insurance, maternity insurance, old-age insurance and medical insurance. Company social security handling process:

1. First open an enterprise social security account in the jurisdiction where the enterprise is located:

(1) If the company handles social insurance for employees, it shall be handled by the company completely. Individual employees only need to show their identity cards and their copies;

(2) If an individual handles it, the individual needs to apply to the social security bureau where the account is located. The formalities include my ID card, two recent bareheaded one-inch photos, insurance premium and an application form.

2. Transfer the social security relationship of the insured employees of this enterprise to the account of this enterprise;

3. Print the payment details in social security in the first month of social security payment;

4. Handle the social security withholding formalities entrusted by the same city;

5. In the future, it is only necessary to submit the increase or decrease of social insurance participants every month, and the policy is often adjusted, so the specific information needed is handled in accordance with the social security regulations of the jurisdiction.

Legal basis: Article 4 of People's Republic of China (PRC) Social Insurance Law.

Employers and individuals in People's Republic of China (PRC) pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights records, and require social insurance agencies to provide social insurance consultation and other related services.

Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.

Article 5

The people's governments at or above the county level will incorporate social insurance into the national economic and social development plan.

The state raises social insurance funds through multiple channels. People's governments at or above the county level shall give necessary financial support to social insurance.

The state supports social insurance through preferential tax policies.