Do low-income families need to pay social security?

Legal analysis: look at personal wishes. You can choose to pay or not, but the minimum living allowance is only the minimum wage guarantee, and the future pension should be considered.

If an individual participates in the insurance, in principle, it is enough to pay social security 15 years (that is, 180 months). If you don't want to continue to pay, you can apply to the local social insurance agency for "stop paying" business, and you will also be eligible for retirement when you reach retirement age. You can also handle the "4050 personnel" pension insurance subsidy business.

That is, if the woman is over 40 years old and the man is over 50 years old (the low-income households can apply at any time without age restrictions), they can apply for this item. Individual contributions can be declared for 3 years continuously, that is, you pay the endowment insurance for 3 years and the state subsidizes you for 2 years, and you only need to pay the fee of 1 year.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Article 2 The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to receive material assistance from the state and society in accordance with the law in case of old age, illness, industrial injury, unemployment and maternity.

Article 3 The social insurance system adheres to the principles of wide coverage, basic protection, multi-level and sustainability, and the level of social insurance should be compatible with the level of economic and social development.