Is the social security paid by the company the same as that paid by the individual?

The social security paid by the company is different from that paid by the individual.

Details are as follows:

1, paid by different types of insurance.

Five risks are mandatory by law, but housing accumulation fund is not.

Therefore, the social security paid by general companies has five risks, and some companies will also pay housing provident fund.

As individuals, they can only pay endowment insurance and medical insurance.

2, the payment ratio is different.

Endowment insurance, medical insurance and unemployment insurance are paid by individuals and companies respectively, with companies accounting for the bulk.

Work injury insurance and maternity insurance units help us pay all of them.

The proportion of payment stipulated in different places is different, taking Guangzhou as an example:

Individuals pay social security, the burden will be great, because companies and individuals need to pay their own expenses.

The payment base has three grades: high, medium and low, which are between 60% and 300% of the average social wage.

You can choose freely according to your own economic situation.

3. Enjoy different treatment

As I said before, the social security paid by the company has five insurances, but if you are insured as an individual, you can only pay endowment insurance and medical insurance.

Therefore, individuals who buy insurance cannot enjoy unemployment, work injury and maternity insurance benefits.

Women also have different retirement times. Generally, female workers retire at the age of 50, and female cadres reach 55.

If an individual pays social security, the retirement time is 55 years old.

Men have no influence. Companies pay social security, individuals pay social security, and the retirement age is 60.

4. Endowment insurance is different.

After the company has paid social security for 15 years and reached the statutory retirement age, it can receive a monthly pension.

If it is less than 15 years, you can continue to pay fees, and you can receive a pension after 15 years.

Even in some extreme cases, endowment insurance can play a key role.

In case of death due to illness or non-work-related reasons, the survivors can receive funeral subsidies and survivors' pensions.

legal ground

People's Republic of China (PRC) Social Insurance Law Article 2 The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance to protect citizens' right to get material help from the state and society in the event of old age, illness, industrial injury, unemployment and maternity.

Article 58 of the Social Insurance Law of People's Republic of China (PRC) * * * The employer shall, within 30 days from the date of employment, apply to the social insurance agency for social insurance registration for employees. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay.

Employees-free individual industrial and commercial households who voluntarily participate in social insurance, part-time employees who do not participate in social insurance in the employing unit and other flexible employees shall apply to the social insurance agency for social insurance registration.

The state establishes a national unified personal social security number. Personal social security number is a citizen's identity number.