What if I can't pay social security?

If individuals can't afford social security, it is suggested to pay endowment insurance for urban and rural residents instead. In order to implement the full coverage and wide coverage of the social security system, the state has specially designed endowment insurance and medical insurance for urban and rural residents in addition to employee social security. The old-age insurance for urban and rural residents is specially designed for groups with difficulties in paying the old-age insurance for employees.

At present, the endowment insurance for urban and rural residents is divided into twelve payment grades, from the lowest annual 100 yuan to the highest annual 2000 yuan, which should be affordable for most people. Therefore, for those who can't afford to pay social security, it is also a good choice to switch to endowment insurance for urban and rural residents.

Groups with special difficulties can apply for assistance. Individuals who participate in employee pension insurance may apply for social security subsidies for flexible employees at the age of 50. The maximum subsidy per person per year is 5,000 yuan, which can last for five years. For those who can't afford social security, this is a pragmatic and good policy. The key is to have real difficulties. Those who have real difficulties will generally be approved.