Is it cost-effective for freelancers to pay social security

First, it is very cost-effective if employees in a unit only pay 8% of their personal income. In this case, they can pay more if they can, and fully enjoy the welfare policies of the state and units.

Second, if flexible employees have to pay 20%, only 40% will go into personal accounts, and the remaining 60% will go into overall accounts, that is, retired employees will be paid now.

Third, no matter what the situation is, if there is a gap between 1993 and 2008, and you can make up for the social security during this period, if the national policy allows, I suggest you make up for yourself first. It is very cost-effective to spend the previous things with the current money.

The social security of the employees of the unit is paid by the unit and the individual, with the unit paying the bulk-social security fund as a whole, and the individual paying 8%-personal account. But if it is an individual, that is, a flexible employee or a freelancer, all social security must be paid by himself.

Legal basis:

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

Article 4 Employers and individuals who pay social insurance premiums according to law in People's Republic of China (PRC) have the right to inquire about payment records and personal rights and interests records, and ask social insurance agencies to provide social insurance consultation and other related services.

Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.

Article 58 An 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.

Derivative problem:

What information do individuals need to pay social security? 1. Basic information required for individuals to pay social security: household registration book, ID card and photocopy, and two 1 inch photos. 2. Endowment insurance: Bring my ID card, unemployment certificate and two 1 inch photos to the business window of the local social security center. Insurance: After completing the formalities of endowment insurance, take the above materials and the completed endowment insurance manual to the business window of the local medical insurance center. Just pay the fee normally according to the regulations.