Is it cost-effective to buy social security for people who don't go to work?

Legal analysis: it is definitely not cost-effective to pay social security without a job. Compared with the endowment insurance for urban workers, the amount of social security paid by individuals is relatively large.

Endowment insurance for flexible employees refers to an insurance policy, and some people who have no fixed job, unemployment or re-employment belong to flexible employees. In view of the old-age security of this group of people, the state has promulgated and implemented the old-age insurance policy for flexible employees. The pension insurance for flexible employees has different payment years and grades, and the collection standards are also different.

1. If the payment is over 15 years, the monthly basic pension+personal account pension. Among them, when the basic pension recipients retire, the average monthly salary of local employees in the previous year is ×20%, and the amount stored in the recipients' personal accounts is/120.

2. Before the reform of the old-age insurance system, the former employees of state-owned and collective enterprises or institutions who participated in the work were insured according to the urban flexible employment method after the termination of labor relations, and their monthly basic pension after retirement was calculated according to the urban enterprise employee pension method.

3. Insufficient payment 15 years: If flexible employees are unwilling to continue to pay, they cannot enjoy the basic pension benefits on a monthly basis, and the accumulated amount in their personal accounts and the part allocated to the overall fund from the pension insurance premiums paid by individuals will be paid to them in one lump sum, and the pension insurance relationship will be terminated.

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 86 If an employer fails to pay social insurance premiums in full and on time, the social insurance premium collection agency shall order it to pay within a time limit or make up for it, and from the date of default, an overdue fine of 5/10000 shall be added daily; Failing to pay within the time limit, the relevant administrative departments shall impose a fine of more than one time and less than three times the amount owed.