Is there a difference between the social security that the company bought and the social security that you went to the street to do?

The difference between the social security that the company bought and the social security that you bought on the street is as follows:

First, the types of insurance paid are different.

The insurance paid by the company is pension, unemployment, medical care, work injury and maternity insurance; Individuals who go to the streets to do social security can only pay pension, unemployment and medical insurance.

Second, the requirements for insurance conditions are different.

Employees who sign labor contracts with the unit must participate in endowment insurance in the unit, and unemployed people, freelancers or individual industrial and commercial households can pay endowment insurance in their own names.

Extended data:

Social insurance function

1. The function of stabilizing social life

2. The function of redistribution

3. The function of promoting social and economic development: First, the social insurance system plays an important role as an important tool for demand management, thus playing an active role in the economy; Second, the effective use of social insurance funds can promote the sustained prosperity of the economy; Third, social security has become the basic condition for enterprises to recruit talents.

In reality, the more developed areas, the more employees pay attention to social security. Especially in first-tier cities, social security has become an important criterion for finding a job because it is linked to the qualification of buying a house and a car.

References:

Social Insurance-Baidu Encyclopedia

Personal Social Security-Baidu Encyclopedia