Can students buy social security when they are eighteen?

Students over eighteen can't buy social security.

According to the relevant regulations, employers and workers jointly pay social insurance for workers who take part in the work, and the government finances give subsidies and bear the ultimate responsibility. 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, and part of its income is used as social insurance tax to form a social insurance fund for a certain group. Under certain conditions, the insured can get fixed income or loss compensation from the fund, with the goal of ensuring the reproduction of material and labor and social stability. Social insurance is an important part of the social security system and occupies a core position in the whole social security system. However, workers can only enjoy the corresponding social insurance benefits if they fulfill their statutory payment obligations and meet the relevant conditions.

Social insurance must calculate a certain proportion of the insured according to the probability of various risk accidents and the total payment expenditure estimated in advance according to the payment standard as the standard for determining the insurance premium rate. Moreover, different from commercial insurance, the calculation of social insurance rate needs to consider more social and economic factors besides risk factors in order to obtain a fair and reasonable rate. The level of social security contributions is determined by the average salary of employees in the previous year. According to the different levels of social security contributions, the pension received after retirement is definitely different. Those with high payment grades, many pensions after retirement, and those with low payment grades have relatively few pensions after retirement.

legal ground

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 and interests 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.