Job Recruitment Website - Social security inquiry - What is the difference between self-employed paying social security and company paying?
What is the difference between self-employed paying social security and company paying?
Legal analysis: As long as the self-employed pay endowment insurance and medical insurance, they must pay social security. The company needs to pay five items for employees: endowment insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance. Self-employed individuals pay social security by themselves, and all expenses are borne by individuals. Individuals can choose the social security payment base according to their own conditions. They pay different types of social insurance: self-employed individuals only need to pay pension insurance and medical insurance. The company needs to pay five items for employees: endowment insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance. Self-employed individuals pay social security by themselves, and all expenses are borne by individuals. Individuals can choose the social security payment base according to their own conditions. The company pays social security for employees, and the expenses are shared by the company and employees. Employees only need to bear a small part. The social security expenses of ordinary employees are paid by the company first, and then the corresponding social security expenses are deducted from the employees' wages.
Legal basis: Article 17 of the Social Insurance Law of People's Republic of China (PRC), if an individual who participates in the basic old-age insurance dies due to illness or non-work, his survivors can receive funeral subsidies and pensions; Persons who have completely lost their ability to work due to illness or non-work-related disability before reaching the statutory retirement age can receive disability allowance. The required funds are paid from the basic old-age insurance fund.
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