Is it cost-effective to pay social security at one's own expense after 1980s?

It's cost-effective to pay social security at one's own expense after 80s.

Investing in social security can also be seen as forcing yourself to save money. The older you get, the higher the risk factor of diseases and accidents, and the medical insurance in social security is still very good, so you can reimburse yourself for seeing a doctor on weekdays. With social security, it is equivalent to ensuring the basic standard of living after retirement, so that we can have a sense of security, security and medical care.

Find out a certain proportion borne by the insured as the standard for determining the insurance premium rate. Moreover, unlike commercial insurance, the calculation of social insurance rate needs to consider more social and economic factors besides risk factors in order to obtain a fair and reasonable rate.

Extended data:

Function:

1, the function of stabilizing social life.

2. The function of redistribution.

3. The function of promoting social and economic development: First, the social insurance system plays an important role as an important tool for demand management, thus playing an active role in the economy; Second, the effective use of social insurance funds can promote the sustained prosperity of the economy; Third, social security has become the basic condition for enterprises to recruit talents.

In reality, the more developed areas, the more employees pay attention to social security. Especially in first-tier cities, social security has become an important criterion for finding a job because it is linked to the qualification of buying a house and a car.

Baidu encyclopedia-social insurance