Why is it so cheap to pay social security on the street?

Legal analysis: 1, the types of insurance paid are different, and the types of insurance paid by the company include pension, unemployment, medical care, work injury and maternity insurance; Individuals who go to the streets to do social security can only pay pension, unemployment and medical insurance.

2. The requirements for participating in insurance are different. Employees who sign labor contracts with the unit must participate in endowment insurance in the unit, and unemployed people, freelancers or individual industrial and commercial households can pay endowment insurance in their own names.

Legal basis: Article 72 of the Labor Law of People's Republic of China (PRC) stipulates that the social insurance fund shall determine the source of funds according to the types of insurance, and gradually implement social pooling. Employers and workers must participate in social insurance and pay social insurance premiums according to law.

People's Republic of China (PRC) Social Insurance Law Article 4 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 and interests records, and require social insurance agencies to provide social insurance consultation and other related services.