I am self-employed and want to pay social security myself. Is it cost-effective to pay social security yourself?

Self-employed individuals can pay social security by themselves.

The Social Insurance Law stipulates that self-employed individuals can pay social security, only pension insurance and medical insurance. The second paragraph of Article 10 of the Social Insurance Law stipulates that "individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance and pay the basic old-age insurance premium.

Preparation materials: ID card, registration form and two recent bareheaded one-inch photos (2.5*3.5cm).

Bring materials and a certain amount of money, and take it directly to the local social security bureau to pay. Self-employed people pay the basic old-age insurance premium according to 20% or 18% of the monthly salary of employees, and only 8% goes into the personal old-age insurance account, and 12% goes into the special account of the old-age insurance fund account; The same is true for medical insurance, with about 3.25% entering the personal human resources social security card and 8% entering the medical insurance pooling fund account.

Extended data:

There are three social insurance payment units participating as a whole. To apply for social insurance registration, you must fill in the social insurance registration form, and show the overall agreement with the municipal and county social insurance agencies on old-age and serious illness medical insurance, and the "Payment Card for Unemployment Insurance of Enterprise Employees in Beijing" or proof of payment.

According to other relevant regulations of Beijing or the second social insurance co-ordination payment unit, relevant agreements and confirmations must be presented.

City and county social insurance agencies will immediately accept the social insurance registration form and relevant documents provided by the payer, and the review will be completed within 10 days.