Why more and more people are withdrawing from social security

Mainly because they are worried that they have to delay their retirement, the cost of social security is rising year by year, and life is stressful.

Such a situation makes many people feel helpless and annoyed, and many of them even decide to give up paying social security. But if more and more people choose to quit, our social security system will face a big impact. Because more and more elderly people are receiving pensions and fewer and fewer young people are buying social security, the income will not be enough to cover the expenditure, so we can only raise the premiums, resulting in fewer and fewer people paying, and I'm afraid we will be caught in a vicious circle.

Therefore, the authorities should consider making adjustments to ease the pressure on flexible workers and self-employed people to pay for their own social security, after all, the gap between their social security entitlements and those of public employees is too wide to be acceptable. It will be difficult to maintain the stability of the social security system if their livelihood pressure cannot be eased.

The three kinds of people who are not willing to pay social security

First, low-income groups

China is now the gap between the rich and the poor is still quite large, the rich move is worth more than one hundred billion dollars, while the poor are still in the three meals a day and running around. According to data, China now there are 600 million people with a monthly income of less than 1,000 yuan. Low income thus leaving them no money to pay social security.

Second, high-income groups

For people in the high-income bracket, they are less interested in social security, they will pay more attention to the investment and allocation of assets. Because the investment yield will be much higher than the social security. Unless they have to due to their career needs, they are reluctant to pay social security.

Third, migrant workers friends

In 2020, the total number of migrant workers will be 285 million. In fact, the migrant workers friends is the most unstable part of the group of work, they are often a shot in the dark, eat the first meal without the next meal. Plus, they do not have a fixed company to rely on. So, they don't have a stable income to pay social security continuously. Besides, even if they want to pay social security, there is no company to help pay social security.