Is it important to participate in social security?

Legal analysis: it has a great impact in the long run. Participating in insurance means that the social security that should have been paid has not actually been paid. Social security is an obligation stipulated by the state. At present, the employer must pay social security to employees, and both parties bear the social security expenses. In other words, as long as people have stable jobs, they need to pay social security. To some extent, paying social security is also a "tough" rule. Social security includes pension insurance, medical insurance, work injury insurance, maternity insurance and unemployment insurance, and the pension is "overpaid". Pay social security early and get more pension after retirement.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Article 4 Employers and individuals who pay social insurance premiums according to law in People's Republic of China (PRC) have the right to inquire about payment records and personal rights and interests records, and ask 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.

Tenth employees should participate in the basic old-age insurance, and employers and employees should pay the basic old-age insurance premium.

Twenty-third employees should participate in the basic medical insurance for employees, and employers and employees should pay the basic medical insurance premiums in accordance with state regulations.

Article 33 Employees shall participate in work-related injury insurance, and the employer shall pay the work-related injury insurance premium, while employees shall not pay the work-related injury insurance premium.

Validation of laws and regulations: June 2024 17