Is it worthwhile to pay social security in full?

Legal analysis: it is cost-effective for individual industrial and commercial households or flexible employees to pay social security in full.

1, retirement pension.

Individuals pay social security in full, and the accumulated payment period reaches 15 or above. When they reach the legal retirement age, they can retire and receive the basic pension on a monthly basis. Pensions are collected from retirement until death. With the development of economy, they are basically adjusted every year.

2. You can also enjoy the overall part paid by individuals.

Of the endowment insurance paid by individuals in full, 12% belongs to the overall account, and the money in the overall account can of course be enjoyed by individuals. The basic pension is paid by the overall fund, and sometimes the proportion of basic pension in the whole pension is relatively large, accounting for about two-thirds of the whole pension.

3. All personal accounts are owned by individuals.

8% of personal accounts are all owned by individuals, accounting for about one-third of the contributions, and personal account pensions also account for about one-third of the entire pension.

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

Article 57 An employing unit shall, within 30 days from the date of its establishment, apply to the local social insurance agency for social insurance registration with its business license, registration certificate or unit seal. The social insurance agency shall, within fifteen days from the date of receiving the application, examine and issue the social insurance registration certificate.

Where the social insurance registration items of the employing unit are changed or the employing unit is terminated according to law, it shall, within 30 days from the date of change or termination, go to the social insurance agency to handle the change or cancellation of social insurance registration.

The market supervision and management department, the civil affairs department and the organization management organ shall promptly inform the social insurance agency of the establishment and termination of the employing unit, and the public security organ shall promptly inform the social insurance agency of the birth, death, household registration, migration and cancellation of the individual.

Article 58 An employing unit shall, within 30 days from the date of employment, apply to the social insurance agency for social insurance registration for its employees. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay.