Is social security purchased by the company or by itself?

Social security is paid by the company. Companies pay social security, and once they are unemployed, they can also receive a certain amount of career insurance money from social security agencies within a certain period of time, and they can also be exempted from paying medical insurance money for two years. And this part of the money is divided, which is very different. Because some people don't want to work immediately after leaving their jobs, but want to take a break before going to work. And this unemployment benefit can help the parties to maintain their lives for a period of time. If individuals pay social security, there is no such thing as receiving unemployment insurance.

What is the process of paying social security?

1. The employer needs to apply to the social security agency where the company is located to open an account. The materials required for opening an account include the original or photocopy of the business license and the photocopy with official seal. The social security agency shall fill in two social security declaration forms and affix the official seal, submit relevant materials, and register those that meet the requirements after examination by the social security agency;

2. After the enterprise successfully goes through the registration formalities, the social security business declared within 15 of the current month belongs to the payment record of the current month, and it belongs to the payment record of the next month after 15, and the social security agency collects social security fees from the 20th to the end of each month.

3. Then transfer the social security relationship of employees who have participated in social security before to the social security account of the enterprise, print the payment details in the social security in the first month of social security payment, and then submit the increase or decrease of the insured personnel to the social security every month.

Is social security paid by yourself or by the company?

1, different insured

The unit pays social security (that is, what we call employee medical insurance), and the insured person is an on-the-job employee. Pay social security by yourself (that is, pay residents' medical insurance), and the insured are mainly children, the elderly, unemployed residents or freelancers.

2. The types of insurance paid are different.

Compulsory units pay social security and pay five insurances for employees, that is, pension.

It is voluntary to pay social security, mainly endowment insurance and medical insurance. According to relevant regulations, individuals are unable to pay the remaining three insurances.

3. The fees and proportions paid are different.

After the unit pays social security, office workers see how much social security fees are deducted from the salary slip every month. Endowment insurance, medical insurance and unemployment insurance are paid by individuals and units respectively in proportion, while the expenses of work injury insurance and maternity insurance are paid by units, and individuals do not need to pay. (The proportion of payment varies from place to place in the country. )

Individuals who pay social security can only pay endowment insurance and medical insurance, and the required social security fees need to be paid by themselves.

4, enjoy different treatment.

Generally speaking, employees set up personal accounts for medical insurance, and a certain amount of medical expenses will be credited every month. In addition, office workers enjoy unemployment, work injury and maternity insurance benefits.

Residents' medical insurance does not set up personal accounts, so there is no medical expenses. Individuals do not have three insurance benefits: unemployment, work injury and maternity.

I hope the above content can help you. If in doubt, please consult a professional lawyer.

Legal basis:

Article 41 of People's Republic of China (PRC) Social Insurance Law

If the employer fails to pay the work-related injury insurance premium according to law and an industrial accident occurs, the employer shall pay the work-related injury insurance benefits. If the employer does not pay, it shall pay in advance from the industrial injury insurance fund.

The industrial injury insurance benefits paid in advance from the industrial injury insurance fund shall be repaid by the employer. If the employer fails to repay, the social insurance agency may recover the compensation in accordance with the provisions of Article 63 of this Law.