What will people do if they don't buy social security?

1: directly pay the endowment insurance for urban and rural residents.

It is a suitable method for most people to pay the endowment insurance for urban and rural residents directly at their place of residence.

(1), this method has one of the biggest advantages, that is, it can be completed at one time.

If you are over 50 years old and haven't paid any social security before, you can pay the old-age insurance for residents in one lump sum when you are 60 years old, and you can receive a monthly pension after retirement.

② In addition, there are many choices of payment grades for residents' endowment insurance.

Residents' pension insurance has hundreds to thousands of payment grades, which can be determined according to their income level. If the budget is small, pay less; If your budget is large, you should pay more. It can usually be handed in.

In short, a big principle is that the more you pay, the more you get.

2. Pay employee pension insurance as a flexible employee.

This is the status of flexible employment, and it is necessary to pay employee pension insurance.

(1), to pay employee pension insurance for flexible employees, you can choose the payment base according to your own income. The payment amount will be higher than the residents' pension insurance, but the advantage is that the pension received after retirement is similar to that paid by the unit.

(2) However, this payment method basically does not support one-time payment, and it needs to be paid honestly every month 15 years.

(3) However, what most people don't know is that in this case, some places will issue a subsidy, which is the "flexible employment subsidy" that everyone has heard of.

The standards of flexible employment subsidies will vary from place to place. Some places are subsidized in proportion, and some places are fixed subsidies.

Generally, the longest period is 3 years. If the retirement age is less than 5 years, you can always get retirement.

It should be noted that the subsidy standards vary from place to place, so it is best to consult the local social security bureau in advance to avoid unnecessary trouble.

3. Direct payment of commercial endowment insurance.

After purchasing commercial old-age insurance, you start to pay money, and you can get a pension every year until the age stipulated in the insurance contract.

Choosing to buy commercial endowment insurance generally has these three benefits:

(1), free pension time.

The social security we pay needs to reach the legal retirement age to receive the pension, while the pension of commercial pension insurance does not have this retirement age limit.

② Flexible payment time.

The payment time of commercial endowment insurance is flexible, including one-time payment and annual payment, such as three years and five years. Another, the commercial endowment insurance is the lowest 1000, and the purchase threshold is low.

(3) The money returned will not be less than what you paid.

You can choose to return it. Social security payment years are cumulative, and you need to pay at least 15 years to enjoy retirement pension. Social security can be paid in the following ways:

1. I didn't resign, but the company leaked it. In this case, the individual needs to apply to the unit for payment, and then the employer applies to the local social security bureau. In this case, the individual does not need to spend too much energy, just need to cooperate with the unit to submit some information.

2. I don't have a work unit at present and want to pay social security. Individuals need to bring information to the social security bureau to pay the old-age insurance premium. It takes some time to pay the endowment insurance premium, which can be completed in about 60 working days. After the application is approved, the bank will collect the paid endowment insurance premium.

3. I have handled the social security transfer and want to pay social security. If the social security has been transferred to the new unit, you can ask the company if it can be filled. If the work place is changed to a city, you need to bring relevant documents to the social security center for social security transfer and continue to participate in the insurance after arriving in the new work city.

Finally, add a sentence: social security and commercial endowment insurance can complement each other well. If you feel that the social security pension you receive in the future is not enough, you can buy another commercial pension insurance, which will be much easier when you get old.

legal ground

Social Insurance Law of People's Republic of China (PRC) (revised on 20 18).

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.