Is it cost-effective to buy flexible employment social security at the age of 43

Whether it is cost-effective to buy flexible employment social security at the age of 43 needs to be judged according to personal actual situation and local policies.

1. The proportion of social security contributions of flexible employees is relatively high, with pension insurance generally at 18%-28% and medical insurance at around 6%- 10%. The payment base is usually based on the local average social wage in the previous year.

2. The social security payment period for flexible employees is required. After the cumulative payment reaches 15 years, you can't receive the pension until the legal retirement age.

When you start paying social security at the age of 3.43, you need to consider whether the accumulated payment period at retirement can meet the minimum requirements.

4. Whether the individual's economic ability is enough to support the long-term payment of a higher proportion of social security fees.

5. The local social security policy may have different provisions, so it is necessary to know the local social security policy.

Social security contribution ratio:

1, individual contribution ratio: according to the regulations of different regions, individuals need to pay a certain percentage of social security fees;

2. The proportion of enterprise contributions: enterprises also need to pay a certain proportion of social insurance premiums for employees, and the proportion varies from region to region;

3. Proportion of government subsidies: In some cases, the government will subsidize the social security contributions of specific groups;

4. adjustment of payment base: the payment base of social security is generally adjusted every year, which affects the payment amount;

5. Requirements for payment period: Different social security projects have different requirements for payment period, which affects the final social security benefits.

To sum up, the cost-effectiveness of considering purchasing flexible employment social security at the age of 43 depends on the individual's economic situation, whether it can meet the requirements of higher payment ratio and accumulated payment period, and whether it is necessary to know the local specific social security policy in detail to judge whether it can get the expected pension when it retires.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 12

The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of its employees stipulated by the state, and record it in the basic old-age insurance pooling fund. Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.

Article 23

Employees should participate in the basic medical insurance for employees, and employers and employees should jointly pay the basic medical insurance premiums in accordance with state regulations. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic medical insurance for employees and other flexible employees can participate in the basic medical insurance for employees, and individuals pay the basic medical insurance premium in accordance with state regulations.

Article 58

The 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. Employees-free individual industrial and commercial households who voluntarily participate in social insurance, part-time employees who do not participate in social insurance in the employing unit and other flexible employees shall apply to the social insurance agency for social insurance registration. The state establishes a national unified personal social security number. Personal social security number is a citizen's identity number.

Article 60

The employing unit shall declare itself and pay social insurance premiums in full and on time, and shall not postpone or reduce the payment except for legal reasons such as force majeure. The social insurance premiums that employees should pay shall be withheld and remitted by the employer, and the employer shall inform me of the details of paying social insurance premiums on a monthly basis. Individual industrial and commercial households without employees, part-time employees who have not participated in social insurance in the employing units and other flexible employees can pay social insurance premiums directly to the social insurance premium collection agencies.