What does it mean to pay social security?

Social security payment means that individuals want to buy social security. For some reason, there is no company to pay social security for them, so social security is affiliated with an institution that specializes in social security payment, and the institution buys social security for them.

According to the relevant provisions of China's labor law and social insurance law, employers should pay social insurance for employees after establishing labor relations with them. However, in the form of social security, there is no labor relationship between individuals and agencies. Social security affiliation means that the insured does not sign a labor contract with the affiliated unit, does not establish a real labor relationship, and participates in social security on the basis of fictional labor relations. This kind of behavior is illegal.

Obviously, in real life, social security linkage and remittance are quite common. Some people will link and remit social security in the company of relatives and friends, and some people will find intermediary links and remit social security online. In addition to social security payment, they also need to pay a certain service fee to the intermediary. The Measures for Administrative Supervision of Social Insurance Funds, which was implemented on March 18, 2022, is an illegal act and will be punished in accordance with the provisions of the Social Security Law.

Reasons for joining social insurance

1. According to the current social security policy, an individual must have a labor relationship with the enterprise to participate in the insurance, and the social security premium is shared by the company and the individual and paid by the enterprise. Local registered residents are allowed to pay social security in the personal payment window as individuals, and non-local registered residents can only pay social security for them by the unit.

2. In some cities, such as Beijing, Shanghai, Guangzhou and Shenzhen. The treatment of some citizens, such as buying a house, a car and the qualification of their children to go to school, requires foreign residents to pay social security continuously. Therefore, for foreign residents who have no company to pay social security for them, if they want to enjoy the above treatment, they can only pay social security through social security affiliation to meet the requirements.

3. Personal job-hopping, no company pays social security for him, so there will be social security withholding, which may affect his qualifications and treatment in his city. Therefore, in order to have no social security withholding during the job change, he can only rely on social security to pay social security for him.

The above contents refer to Baidu Encyclopedia-Administrative Supervision Measures for Social Insurance Funds.