How does the company buy social security?

When a company buys social security for its employees, it needs to open a social security account first, and then the information such as the insured's name will be included in the social security account. After that, the company may sign a bank payment agreement with the bank and the social security management agency, so that the social security fee will be directly deducted from the company's bank account at a fixed time every month.

The difference between the unit paying social security and the individual paying social security.

1, with different properties.

Social insurance paid by companies: compulsory

2. Different types of insurance are involved.

The company pays social security: it can participate in five kinds of insurance.

As long as citizens work in the company, the company must help employees pay five insurances according to law, including medical insurance, pension insurance, maternity insurance, unemployment insurance and work injury insurance.

Personal social security payment: you can only participate in two kinds of insurance.

You can participate in employee social security (employee medical insurance and employee pension) on a monthly basis as a flexible employee, or you can participate in employee social security (employee medical insurance and employee pension) on an annual basis as a resident.

3. The payment amount is different

Social security paid by the company: Social security is shared by the company.

The company bears about two-thirds of the premium and one-third of the premium itself. For example, for the old-age insurance in Xiamen, the unit pays 12%, and the individual only needs to pay 8%.

Individual payment of social security: all individuals bear it.

I don't work in the company, but I want to pay social security myself, so I can only bear the premium in full. For example, for endowment insurance, individuals need to pay 20%.

4. Enjoy different treatment

The company pays social security: enjoy five insurances and one gold.

The social security paid by the company has five insurances, which is more than the social security paid by individuals for maternity, unemployment and work-related injuries.

Employee medical insurance has a personal account, and the part paid by the unit will be transferred to the personal account in proportion every month. Moreover, the money inside will generate interest, which is owned by individuals and can be used to see a doctor and buy medicine.

Individuals pay social security: enjoy two insurance benefits.

You can only pay two insurances, but you can't solve work-related injury insurance, unemployment insurance and maternity insurance, and you can't enjoy the relevant treatment of work-related injury, unemployment and maternity insurance.

There are two ways to deal with and renew social insurance:

(-) To pay fees in the name of an individual, you need to apply to the social security bureau where your household registration is located. Insurance procedures include: my ID card, two recent bareheaded one-inch photos, insurance premium, application form, etc. And can only apply for pension and medical insurance.

(two) or in the form of unit insurance or renewal. It is a foreign hukou, and social security can only be purchased through the unit.

Legal basis:

Social insurance law

Article 57 An employing unit shall, within 30 days from the date of its establishment, apply to the local social insurance agency for social insurance registration with its business license, registration certificate or unit seal. The social insurance agency shall, within fifteen days from the date of receiving the application, examine and issue the social insurance registration certificate.

Where the social insurance registration items of the employing unit are changed or the employing unit is terminated according to law, it shall, within 30 days from the date of change or termination, go to the social insurance agency to handle the change or cancellation of social insurance registration.

The market supervision and management department, the civil affairs department and the organization management organ shall promptly inform the social insurance agency of the establishment and termination of the employing unit, and the public security organ shall promptly inform the social insurance agency of the birth, death, household registration, migration and cancellation of the individual.