Is it effective to sign a voluntary waiver of social security? Can I win by applying for arbitration?

Voluntary waiver of social security agreement is invalid, and application for arbitration can win.

As a national compulsory insurance, social security should be handled by the company when employees join the company, and neither the employer nor the employees can handle this right at will.

The benefits of social security are as follows:

1, pension insurance, in layman's terms, means that you can get a pension after retirement. Paid jointly by the unit and the employee. Pay more in the future and pay more in the future. Accumulated payment 15 years, you can retire and receive a pension when you reach retirement age.

2, medical insurance, in layman's terms, is that medical expenses can be reimbursed if you are sick. Paid jointly by the unit and the employee. Accumulated medical insurance contributions have reached a certain number of years, and you can enjoy lifelong medical insurance benefits without continuing to pay after retirement.

3. Maternity insurance, in layman's terms, means that medical expenses incurred by female childbirth can be reimbursed and maternity allowance can be received during maternity leave. Payment is made by the unit, not by the individual employee.

Unemployment insurance In layman's terms, you can get compensation after being forced to lose your job. The contract workers of farmers and herdsmen who are jointly paid by the unit and the employees * * *, I do not pay unemployment insurance premiums.

Work-related injury insurance means that you can get compensation after a work-related injury. Payment is made by the unit, not by the individual employee.

To sum up: social security is a means of protection when an individual has an accident or is unable to work. This is very important to every worker and should be paid in time. The longer the payment time, the higher the payment base and the larger the amount that can be obtained.

Legal basis:

Labor law of the people's Republic of China

Article 72

Employers and workers must participate in social insurance and pay social insurance premiums according to law.