Is it cost-effective to pay five insurances to employees in full?

First of all, individuals pay social insurance in full, that is to say, urban workers pay social insurance as flexible employees, and flexible employees need to bear 12% of the total payment base. The scope for individuals to pay social insurance is limited. You can buy endowment insurance and medical insurance. Compared with the five insurances and one gold for employees, the scope is smaller than unemployment insurance, industrial injury insurance and maternity insurance. The payment base is not as good as employee social security, and the cost is high. Social security individuals only need to pay 30%, and the remaining 70% is borne by the company.

Secondly, although the overall planning of flexible employees is relatively low, only 12%, flexible employees pay endowment insurance, even if the payment base is the highest, the longest payment can only be 8 years. If they were gay, they would be 68 years old. At present, the average life expectancy is about 76 years old. As long as you live to an average life expectancy, you will certainly make a lot of money. The base of individual users who pay social security is usually much smaller than that of employees. May retire in the future. There will be great differences on this issue. Individuals pay higher fees and may not get as much social insurance as employees.

Finally, it is not cost-effective for individuals to pay full social security compared with employee social security.

Social insurance refers to a social and economic system that provides income or compensation for people who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons. The main items of social insurance include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.

The social insurance plan is organized by the government, forcing a certain group to use part of its income as social insurance tax (fee) to form a social insurance fund. Under certain conditions, the insured can get fixed income or loss compensation from the fund. It is a redistribution system, and its goal is to ensure the reproduction of material and labor and social stability.

In China, social insurance is an important part of the social security system, occupying a core position in the whole social security system. In addition, social insurance is a contributory social security. The funds are mainly paid by employers and workers themselves, and the government finances give subsidies and bear the ultimate responsibility. However, workers can only enjoy the corresponding social insurance benefits if they fulfill their statutory payment obligations and meet the statutory conditions.

concept

Social insurance is the most important part of the social security system. Therefore, when discussing the history of social insurance, social insurance cannot be separated from social security.

Social insurance refers to the system that the state establishes a social insurance fund through legislation to give necessary material help to workers who participate in labor relations when they lose their ability to work or are unemployed. Social insurance is not for profit.

Social insurance is mainly through raising social insurance funds, coordinating and adjusting social insurance funds within a certain range, and giving necessary help to workers when they encounter labor risks. Social insurance provides basic living security for workers. Workers can enjoy social insurance benefits as long as they meet the conditions for enjoying social insurance, that is, they have established labor relations with employers or paid various social insurance premiums according to regulations. Social insurance is the core content of social security system.