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How many years should young people pay social security?
Social insurance is a social and economic system that provides income or compensation for those who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons. The main items of social insurance include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance. The specific payment period is as follows: 1. Endowment insurance: when reaching the statutory retirement age, the accumulated payment has reached fifteen years. 2. Medical insurance: within 0-3 years, it will be reimbursed according to the proportion of continuous payment time. Men have paid for 25 years and women have paid for 20 years. 3. Maternity insurance: The state has no unified regulations on this, and different regions have different policies. 4. Unemployment insurance: it must be paid continuously for at least one year. 5. Work-related injury insurance: As long as you pay, you can enjoy insurance benefits. According to the provisions of the Social Insurance Law, individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid for 15 years at the statutory retirement age. What needs to be explained here is that the minimum payment period is 15 years, which does not mean that you can not pay it after 15 years. For employees, payment is a mandatory obligation stipulated by law. As long as you are employed in an employer, you should pay in accordance with state regulations. At the same time, because the basic pension enjoyed by individuals is related to the individual payment period, the longer the payment period and the larger the payment base, the more pensions will be received after retirement.
Legal objectivity:
Article 16 of the Social Insurance Law of People's Republic of China (PRC) * * * Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid for fifteen years at the statutory retirement age. Article 44 of the Social Insurance Law of People's Republic of China (PRC), employees shall participate in unemployment insurance, and employers and employees shall pay unemployment insurance premiums in accordance with state regulations. Article 54 of the Social Insurance Law of People's Republic of China (PRC) * * * If the employer has paid maternity insurance premiums, its employees shall enjoy maternity insurance benefits; Unemployed spouses of employees enjoy maternity medical expenses in accordance with state regulations. The required funds are paid from the maternity insurance fund. Maternity insurance benefits include maternity medical expenses and maternity allowance.
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