How do individuals pay social security accumulation fund?

One is to pay through the unit, and the other is to pay to the social security provident fund management department.

First, the significance of social security provident fund payment

Social security accumulation fund is an important guarantee for employees. For individuals, paying social security provident fund means that they can get certain economic security in the face of illness, retirement and house purchase. At the same time, paying social security accumulation fund is also an important embodiment of individuals fulfilling their social responsibilities and supporting the development of national social security.

The second is the way for individuals to pay social security provident fund.

There are two ways for individuals to pay social security provident fund: one is to pay through their units, and the other is to pay by themselves in the social security provident fund management department. For individuals who do not have a fixed unit, they can choose to go through the individual payment procedures in the social security provident fund management department.

Three. Matters needing attention for individuals to pay social security accumulation fund

Individuals should pay attention to the following points when paying social security accumulation fund: First, make sure that they meet the payment conditions, such as age and household registration; Secondly, it is necessary to understand the proportion and base of payment and pay in accordance with regulations; Finally, relevant supporting documents and payment records should be properly kept for future inquiry and verification.

Four. Rights and interests after paying social security accumulation fund

Individuals will enjoy corresponding rights and interests after paying social security accumulation fund. For example, you can enjoy medical insurance benefits when you are sick, you can receive a pension when you retire, and you can apply for a provident fund loan when you buy a house. At the same time, the social security accumulation fund paid by individuals can also be used as a part of personal property, which has certain accumulated value.

To sum up:

Paying social security accumulation fund by individuals is an important way to safeguard their own rights and fulfill their social responsibilities. Individuals need to know the meaning, methods, precautions and rights after payment, ensure that payment is made in accordance with regulations, and properly keep relevant supporting documents and payment records.

Legal basis:

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

Article 10 stipulates:

Employees should participate in basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, and employers and employees should pay basic old-age insurance, basic medical insurance and unemployment insurance in accordance with state regulations.

Regulations on the administration of housing provident fund

Article 15 stipulates:

Units employing employees shall, within 30 days from the date of employment, go to the housing provident fund management center for deposit registration, and go through the formalities for the establishment or transfer of employee housing provident fund accounts. Units and employees who terminate the labor relationship shall, within 30 days from the date of termination of the labor relationship, go through the formalities of change registration at the housing provident fund management center, and go through the formalities of transferring or sealing the employee housing provident fund account.

Labor law of the people's Republic of China

Article 72 provides that:

The social insurance fund shall determine the source of funds according to the types of insurance and gradually implement social pooling. Employers and workers must participate in social insurance and pay social insurance premiums according to law.