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Question about Shanghai small town 15: Can small town 15 be converted into social security?

Shanghai regulations

After the land-expropriated personnel pay the social security of small towns in one lump sum 15 years, the unit may not pay the social security.

Since the company is willing to pay, you can pay yourself. You only pay 1 1% of your salary, and the company has to pay 38%.

Only advantages, no disadvantages. Jin Si's medical insurance benefits are higher than those of small towns. There is outpatient reimbursement, and there is money in the medical insurance card. You can go to the drugstore to buy medicine.

Four gold endowment insurance, you pay 15 years later, you will receive much more than small towns.

Your small town social security can be converted into four social security funds in the future, but the payment period should be converted, because small towns pay less, if converted into four social security funds, the social security of small towns is about 0.6 years a year.

In a word, it's good for you to pay.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.