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What is the difference between a company paying social security and a person paying
The difference between corporate social security and individual social security is that: 1, the scope of the insurance is different, the company paid social security, including pension insurance, medical insurance, unemployment insurance, maternity insurance and workers' compensation insurance, the individual can only pay the basic medical insurance, pension insurance; 2, the proportion of contributions is different, the company social security and individual social security are based on the average salary of the employee's social security contributions in the previous year. The average salary of the previous year to determine the base of contributions, but most of the social security costs of urban workers are borne by the company, while the individual part of the social security accounted for ten percent of the general wage; 3, mandatory different, the company to pay social security is a legal obligation.
Legal Objective:Article 64 of the Social Insurance Law: The social insurance fund includes the basic pension insurance fund, the basic medical insurance fund, the industrial injury insurance fund, the unemployment insurance fund and the maternity insurance fund. With the exception of the basic medical insurance fund and the maternity insurance fund, which are combined and accounted for in a single account, the other social insurance funds are accounted for separately according to the type of social insurance risk and are accounted for in separate accounts. The social insurance fund implements the State's unified accounting system. Social insurance funds are earmarked for specific purposes, and may not be appropriated or misappropriated by any organization or individual. The basic old-age insurance fund shall gradually be subject to national co-ordination, and other social insurance funds shall gradually be subject to provincial co-ordination, the specific time and steps of which shall be prescribed by the State Council. Article 44 Employees shall participate in unemployment insurance, and the employer and the employee shall pay unemployment insurance premiums together in accordance with the provisions of the State ****. Article 45 An unemployed person shall receive unemployment insurance benefits from the unemployment insurance fund if he meets the following conditions: (1) the employer and the person himself have paid unemployment insurance premiums for one year before becoming unemployed; (2) the employment is interrupted not because of the person's own will; and (3) he has been registered as unemployed and has a requirement to find a job.
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