Differences between social security in manufacturing industry and service industry

There is no difference in social security between manufacturing and service industries, and social security is not divided into industries.

Social security is based on the wage income of the insured, and a certain proportion is stipulated to collect insurance premiums. The main social security projects in China include endowment social insurance combined with social pooling and personal account, medical insurance combined with social pooling and personal account, unemployment insurance, industrial injury insurance, maternity insurance and so on.

1, individual workers participating in the basic old-age insurance, the payment base can be high or low within the prescribed range, and the more they pay, the more they benefit. To receive a monthly pension, employees must reach the statutory retirement age and have gone through retirement procedures; Units and individuals have participated in the old-age insurance according to law and fulfilled the obligation to pay the old-age insurance; Personal payment must be at least 15 years.

2, the basic medical insurance fund for employees by the basic medical insurance social pooling fund and personal accounts. The basic medical insurance premium consists of the employer and the employee's personal account. The basic medical insurance premium is jointly paid by the employer and individual employees, of which: the employer pays 8% and the individual pays 2%.

3. The work-related injury insurance premium shall be paid by the employer. The collection rate of industrial injury insurance premiums in industries with high incidence of industrial accidents is higher than the general standard. On the one hand, it is to ensure that the industrial injury insurance fund can fully pay the industrial injury insurance benefits for employees in these industries when they are injured; On the other hand, through the collection of high rates, enterprises can have a sense of risk, strengthen the prevention of work-related injuries and reduce the casualty rate.

4, the unemployment insurance fund is mainly used to protect the basic livelihood of the unemployed. Urban enterprises, institutions, social organizations and private non-enterprise units pay unemployment insurance premiums at 2% of the total wages, and their employees pay unemployment insurance premiums at 1% of their wages. Units without fixed wages pay unemployment insurance premiums based on the average social wage in the last year in the overall planning area. The unit employs contract workers of farmers and herdsmen who do not pay unemployment insurance premiums.

5, maternity insurance premium paid by the employer, individual workers do not pay maternity insurance premium. Maternity insurance premium shall be paid by the employer according to 0.7% of the total wages of employees in the previous year.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.