What is the difference between paying endowment insurance and social security when the insured pays the fee?

There is a difference between the insured's payment of endowment insurance and social security, which is subordinate, that is, social security includes endowment insurance.

1, social security is divided into employee social security and resident social security, and the two social security include different payment methods and types of insurance.

First of all, social security for residents mainly includes medical insurance for urban and rural residents and basic endowment insurance for urban and rural residents. Together, these two insurances are social security for residents. Medical insurance for urban and rural residents is paid annually, and the amount of payment in different regions is slightly different. Take Henan as an example. This year, the payment amount is 320 yuan per person, and it only needs to be paid once a year, but the payment time is mostly from September to the end of 65438+February. Those who pay residents' medical insurance this year can enjoy residents' medical insurance next year.

The basic old-age insurance for urban and rural residents is paid annually, and the payment grades are divided into multiple standards from low to high. When we pay, we can choose the grade that suits us. The minimum payment term must be 15 years. When we are 60 years old, we can go through retirement procedures and receive a monthly pension after retirement.

Secondly, employee social security mainly includes employee pension insurance, employee medical insurance, unemployment insurance, work injury insurance and maternity insurance. At present, maternity insurance has been incorporated into employee medical insurance, that is, employee social security is only divided into these four types of insurance.

Employee social security is mainly aimed at employees in enterprises. As long as we go to work in an enterprise, the enterprise will pay social security for us. The general payment amount is divided into two parts, most of which are borne by the enterprise. Therefore, when employees pay social security, the payment pressure is generally relatively small.

On the other hand, individuals pay employee social security through flexible employment. At this time, only employee pension insurance and employee medical insurance need to be paid. However, because of the individual payment, no company unit shares the payment amount with us. Therefore, when individuals pay by flexible employment, all the payment amounts are borne by individuals. Compared with the employees who pay through the company, the pressure of flexible employees is relatively large.

However, compared with on-the-job employees, it is also beneficial for flexible employees to pay fees in the form of flexible employment. For example, flexible employees can freely choose the payment grade, which means that we can choose the grade of 60%-300% when paying. If our personal economic conditions are good, we can choose high-grade payment. Voluntary payment means that we can freely decide whether to pay or break off diplomatic relations, so as to make adjustments at any time according to our own economic situation.

2. Endowment insurance Endowment insurance is divided into employee endowment insurance and resident endowment insurance. The payment methods and retirement benefits of the two types of old-age insurance are quite different.

The first is employee pension insurance.

Employee pension insurance is paid monthly, and the payment grade is determined according to the local social security payment base, and the payment base is determined according to the local average monthly salary in the previous year. Therefore, with the local average monthly wage level increasing year by year, the amount we need to pay each month is also increasing year by year.

Take flexible employees as an example. According to the lowest grade to pay employee pension insurance, you need to pay about 700 yuan every month, and you need to pay about 8,000 yuan a year. If you choose high-level payment, you need to pay more every year.

Because the payment amount of employee pension insurance is relatively high, the pension after retirement is also relatively high.

Followed by residents' pension insurance.

Residents' old-age insurance is paid annually, with payment grades ranging from 200 yuan to several thousand yuan. Individuals can choose according to their own economic conditions, the annual payment amount is fixed, and they can also enjoy certain payment subsidies when paying. Compared with employee pension insurance, the payment amount of resident pension insurance is relatively low, so the pension benefits after retirement are relatively low.

The above two kinds of endowment insurance need to be paid for 15 years, and they can only retire at the legal retirement age.

To sum up, social security includes endowment insurance, and we don't enjoy as much benefits as social security. From the perspective of our own security, paying social security is a better choice.