Can your company buy social security for itself?

Legal analysis: as long as you meet the age conditions, you can apply for social endowment insurance. The age of the agent is not more than 35 for women and 45 for men. You need to bring your ID card and household registration book when you go through the formalities. At present, the payment standards of the basic old-age insurance for self-employed and migrant workers are divided into 25 grades (as shown in the following table), and the insured can choose different payment standards according to their income. The level of payment base and the length of payment period are the basis for calculating the basic pension after retirement. With a high payment base and a long payment period, you will receive more basic pensions, and vice versa. The base for individual industrial and commercial households and flexible employees to pay endowment insurance is: based on their average monthly salary in the previous year. If the average annual wage is lower than 60% of the average monthly wage of employees in the whole city in the previous year, 60% of the average monthly wage of employees in the whole city in the previous year shall be used as the base of payment wage; More than 300% of the average monthly salary of employees in the city in the previous year, 300% of the average monthly salary of employees in the city in the previous year is the payment base. Among them, if the declared payment base exceeds the average salary of employees in the whole city in the previous year at the time of declaration, it shall provide the social security agency with the proof that the tax department collects individual income tax. The contribution ratio of individual industrial and commercial households and flexible employees is: 20% of the salary base of the old-age insurance premium per month.

Legal basis: Article 8 of the Administrative Provisions on the Declaration and Payment of Social Insurance Fees The employing unit shall register social insurance for employees and declare and pay social insurance fees within 30 days from the date of employment. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay. If the employer fails to declare the amount of social insurance premiums payable according to the regulations, the social insurance agency shall temporarily determine the amount payable according to 1 10% of the amount payable by the unit last month, and the social insurance agency shall temporarily determine the amount payable according to the operating conditions of the unit, the number of employees and the average salary of local employees in the previous year. After the employer completes the declaration procedures, the social insurance agency shall settle the accounts in accordance with the provisions.