The difference between individual industrial and commercial households buying social security and companies buying social security.

The difference between individual industrial and commercial households buying social security and companies buying social security is as follows:

1, the types of insurance that pay social security are different. Self-employed individuals generally only need to pay pension and medical insurance, while companies need to pay five insurances;

2. Social security costs are different: the expenses of self-employed individuals are generally borne in full by individuals, while the company pays social security for employees, and the expenses are shared by the company and employees.

Conditions for personal insurance transfer:

1. The individual insured who has been transferred to the unit for employment and involved in repeated payment has been employed by the unit and gone through the employment filing formalities in the labor department, and the social insurance paid by the individual is duplicate with that paid by the employer;

2. Transferred to the unit for employment does not involve repeated payment. Individual insurance has been employed by the unit and signed a labor contract, and the unit has paid social insurance since the deadline for individual payment;

3 individual insured to three counties and other places, need to transfer to different places.

To sum up, after resigning, our pension insurance will continue to be paid, in the name of individuals. Because if you don't pay a certain number of years, you won't get a pension after retirement. Employees shall participate in the basic old-age insurance, and the employer and employees shall jointly pay the basic old-age insurance premium. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium. 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.

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.