What are the benefits of applying for social security

I. Provide livelihood security in old age and incapacity to work. Paying pension insurance, when you reach a certain age, you do not have to pay, you can start to receive a monthly pension. With the pension to pay for the basic necessities of life, you can enjoy a more comfortable old age;

Two, to provide daily life and life protection. Medical insurance, maternity insurance, work injury insurance, all will play a great role in the event of an accident, can be said to be life protection. Unemployment insurance, housing fund, to provide life protection in the event of unemployment, to provide assistance for life residence;

Third, in some large cities, social security is related to the qualification to buy a house, settle down, buy a car lottery, etc.. Do not pay social security, there is no qualification to buy a house, you can not fall into the household, you can not participate in the purchase of a car lottery, etc.;

four, the employee social security, social security is deducted first at the time of payroll, will reduce the payment of personal income tax. The national personal income tax policy stipulates that employee social security can be withheld before taxation. After deducting the part of social security individuals should pay, the individual taxable base will be reduced, the need to pay personal income tax will be reduced.