What is the difference between paying social security by yourself and paying social security by the company? Which is more cost-effective?

With people's living standards getting higher and higher, social security has become the best way to vote for Z and the best way to provide for the elderly. Different payment methods will lead to different pension and medical insurance accounts, which can be said to be worlds apart.

The professional term of social security paid by oneself is called flexible employment to participate in social security, and the unit pays according to normal employee social security, so it can be concluded that one is employee social security and the other is flexible employment.

Who will choose flexible employment to pay fees: generally speaking, freelancers are the mainstay, or there is no unit to link with, and another way is to apply for the qualification of buying a house in a different place, both of which will be paid by flexible employment.

Who will pay social security in the form of a unit: this is very simple, that is, there are normal work units, such as employees of enterprises and institutions.

What's the difference between them? First of all, the types of social security contributions are different:

1, the company's payment of social security is five risks, and some enterprises have a pension, which is mandatory and also reflects the protection of employees' safety and welfare.

2. Individuals can choose to pay, not necessarily five insurances. Old-age medical care can be paid. You don't have to pay for work-related injuries, maternity and unemployment. You can only add one if you want to add unemployment. There is no way to pay for work-related injuries and childbirth by yourself. You must have a business entity.

Second, because the types of insurance paid are different, the expenses borne will naturally be different.

1. If you participate in flexible employment, you will definitely need to bear more expenses, because the company part also needs you to bear. Take 500 yuan as an example. If a company has 800+ employees a month, you need to bear 1300 yuan.

At this time, if the enterprise pays social security, that person only needs to bear 500 yuan, and the previous 800 yuan is borne by the company, so the difference between the two is 800 yuan per month, which is 9,600 yuan a year, which is144,000 yuan according to the calculation of 15 years. This is not a small expense,

Third, the payment base and time are different.

1. If you pay according to the individual's flexible employment, you will definitely not pay again if you reach the retirement standard, which means that 15 is almost the same, and the payment base is only 60%, not to mention 80%, 100% and 300%.

2. The form of enterprise payment is in accordance with the requirements of the state, and the minimum payment standard needs to reach 60%. However, different enterprises may have different production selection bases. For example, listed companies will definitely choose higher ones, and institutions will definitely choose higher ones. Another thing is time. Under normal circumstances, as long as you work in this company, this company needs to pay social security for you all the time, whether it is 15 or not. You need to hand it in all the time.

Fourth, the balance of pension and medical account is different.

As we all know, pension consists of basic pension and personal pension, which is paid to retired workers after the merger, and the most influential part here is personal pension.

Under normal circumstances, if you are an individual, you need to be borne by the company and individuals, but it is also your personal account, and the company part you pay is in the unified social security management account. For example, if you pay 200+ 100, there is only 100 in your personal account.

If the company pays according to the normal standard, the individual will pay into the personal account, and the part undertaken by the unit will be paid into the unified social security management account. Because the time and amount of your final payment are different, it will definitely affect your refund.

There is also a medical account, and it is different for the same amount of payment to enter a personal account. The unified standard is 2% of the payment base.

Let me add a question about retirement age. If you are a female worker, you will retire at 50 or a female cadre at 55, while all individuals will retire at 55 and all men will retire at 60.

In order to better let everyone know the difference, I will give you two different ways to participate in the insurance. Suppose Xiao Ming only pays social security for old-age care and medical care, and Xiao Zhang pays social security for enterprises (all five insurances). They have different bases and different times. Let's calculate step by step, first calculate the two parts with the lowest proportion in first-tier cities:

First, the amount to be paid. What Xiao Ming needs to pay in one month is the company part 600 yuan+the personal part 450 yuan, and he needs 1050 yuan in one month.

Xiao Zhang is paid by the enterprise, so he only needs to pay the personal part, that is, 450 yuan (if the base number is the same), and Xiao Zhang with different bases will definitely need to pay to 500 yuan or 600 yuan.

According to the normal payment age, Xiao Ming will not pay on the basis of 15, and Xiao Zhang, an old employee of the company, has been working in this company, so the company needs to pay him social security all the time unless he meets the retirement standard.

Under normal circumstances, the total expenses that Xiao Zhang needs to pay in 15 years is 189000 yuan. If the annual increase is 3%, it will be about 250,000 yuan.

Xiaoming has always been paid by enterprises. According to the calculation of 20 years, he has to pay a total of 108000 yuan, which will be deducted directly from his salary. Although it is also his own money, he doesn't need to give it out, and the difference between them is about150 thousand yuan.

From this, everyone will understand that personal communication will definitely suffer a lot more than corporate communication, and the amount of expenditure is also very large.

15 years later, both Xiao Ming and Xiao Zhang reached retirement age. Based on the age of 60, let's calculate the pension separately: the average salary of Xiaoming's city last year was 5,000 yuan, and the personal pension account was 68,000 yuan. Similarly, the average salary of Xiao Zhang's city last year was the same.

Let's first calculate Xiaoming's monthly pension: monthly pension = personal account+unit part.

Individual =68000/ 139=489 yuan;

Basic part = 5000+(1* 60%)/2 *15 *1%= 600 yuan, and the sum of them is 1089 yuan;

Let's look at a small one. Similarly, if Xiao Zhang is 20 years old, then someone else's account must be higher than Xiao Ming's personal account. If he pays according to the minimum standard of about 20 years, he can reach about 95 thousand yuan.

Individual =95000/ 139=683 yuan;

Basic part = 5000+(1* 60%)/2 * 20 *1%= 800 yuan, and the sum of them is 1483 yuan;

By comparison, we can see that Xiaoming receives 1089 yuan and Xiao Zhang receives 1483 yuan every month, which is the biggest difference between the social security paid by himself and the social security paid by the company, and the medical insurance account is also different.

Comparison between personal payment and bank deposit;

If he pays 250,000 yuan according to 15 years and deposits it in the bank regularly, and the annual interest is about 8,750 yuan (calculated according to the annual interest rate of 3.5%), it can be concluded that 15 years is130,000 yuan, and the sum of principal and interest is 380,000 yuan.

If you live to be 80 years old, you can get 19000 yuan every year and 1583 yuan a month in these 20 years, which is 6000 yuan more than the individual paying social security for one month.

If it were you, would you choose to pay social security by individuals or enterprises, or collect interest from banks every year?