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What is the difference between social security paid by individuals and social security paid by units
The difference between social security paid by individuals and social security paid by units: 1, different types of insurance; 2, different amounts of contributions; 3, different places of participation; 4, different pension treatment. Social insurance refers to a social and economic system that provides income or compensation to a population that is incapacitated, temporarily out of work, or has suffered a loss due to health reasons.
Legal Objective:Article 60 of the Social Insurance Law of the People's Republic of China*** and the People's Republic of China Employers shall declare on their own, pay social insurance premiums in full and on time, and shall not suspend or reduce payment except for force majeure and other legal reasons. The social insurance premiums to be paid by employees shall be withheld and paid by the employer on behalf of the employee, and the employer shall inform the employee of the details of the payment of social insurance premiums on a monthly basis. Individual entrepreneurs without employees, part-time workers who do not participate in social insurance with their employers, and other flexibly employed persons may pay social insurance premiums directly to the social insurance premium collection organization.
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