What's the difference between a company paying social security and an individual paying social security? Which good

The difference between paying social security by yourself and paying social security by yourself.

The first is the different types of insurance paid. In this regard, many people have a misunderstanding that as long as they choose to pay social security, they can have five insurances in social security. But in fact, if you pay social security as a flexible employee, there is no way for many areas to pay maternity insurance and unemployment insurance. Only workers who work in enterprises have five insurances, namely, endowment insurance, medical insurance, work injury insurance, maternity insurance and unemployment insurance. Nowadays, with the social security reform, some areas plan to include maternity insurance in medical insurance, which is equivalent to maternity insurance for flexible employees, but there is still no way to pay work-related injury insurance and unemployment insurance.

The second difference is that the payment burden is different.

Part of the social insurance paid by enterprise employees shall be borne by the company, while the flexible employees shall pay social insurance by themselves. Moreover, the income of these flexible employees is relatively unstable. However, they have to bear all the endowment insurance and medical insurance. And because the money we put into the personal account of endowment insurance is 8% of the payment base. In other words, the unit employees' contributions are equivalent to individual contributions, and all of them have entered personal accounts. For flexible employees, only part of the money they pay goes into personal accounts. Moreover, according to China's "Social Insurance Law", the personal account balance of endowment insurance can be inherited if it dies before the insured person has received it. From these perspectives, flexible employees pay more social security than enterprise employees.

The third is that the payment base is different. For enterprise employees, the payment base is calculated according to the monthly average wage income of employees in the previous year. Including year-end bonus, overtime pay and various allowances, as well as subsidies. However, for flexible employees, their payment base is free to choose. Choose freely from the lower limit and upper limit of 60%~300% social security payment base. Similarly, the payment base of flexible employees is also overpaid, and the payment time is long, but if the same payment base is high, the payment amount will be high.

The last one is the different treatment policies.

One of the most important points is that the retirement age is different. The conditions for female flexible employees to receive old-age pension are that they have paid social security 15 years and have reached the age of 55. Not only that, there are special regulations in some areas. For example, Qingdao stipulates that female flexible employees who want to retire at the age of 50 must pay social security for more than ten years.