What is personal social security?

Social security purchased by individuals includes basic old-age insurance, basic medical insurance and unemployment insurance; The insurance companies need to buy includes basic old-age insurance, basic medical insurance, work injury insurance, maternity insurance and unemployment insurance. Individuals do not pay work-related injury insurance and maternity insurance.

Social insurance purchased by individuals includes basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance, maternity insurance and other social insurance, which guarantees citizens' right to get material help from the state and society in accordance with the law in cases of old age, illness, industrial injury, unemployment and maternity.

Individuals sign agency contracts with human resources agency companies, submit relevant materials, and pay social security fees and service fees. (Social insurance premium: composed of enterprise payment part and individual payment part), which is purchased by the unit to which the individual belongs, and the total social insurance premium is paid by the individual. The agency pays social security fees for individuals on a monthly basis. Individuals can inquire about the details of the social security they have purchased and get the social security card the following month (before). People who need to buy social security from affiliated units: freelancers, entrepreneurs, flexible employees, temporarily unemployed or short-term workers.

What's the difference between social security bought by individuals and that bought by companies?

The insurance scope of the two is different: employee social security is what we usually call five insurances and one gold, which generally includes endowment insurance, medical insurance, work injury insurance, unemployment insurance and maternity insurance. Among them, only old-age medical care and unemployment insurance require individual contributions, and the rest are paid by enterprises. Flexible employment insurance generally has only three insurances, namely, endowment insurance, medical insurance and unemployment insurance. There is no industrial injury insurance and maternity insurance. Both of them determine the payment base according to the average social wage of last year, but most of the social security expenses of urban workers' social security are borne by the company, and the proportion of individual contributions is generally about 10% of wages. However, because there is no company to bear the cost, the proportion of flexible employees can reach about 20% of the payment base.

To sum up, the social security paid by ordinary individuals includes basic old-age insurance, basic medical insurance, unemployment insurance, industrial injury insurance and maternity insurance, which are collectively referred to as five insurances and are national statutory insurance. If you apply for social security payment as a freelancer, you can choose two or three items, such as endowment insurance and medical care. If a woman suggests, you should choose maternity insurance. If the company pays collectively, then all five risks must be paid.

Legal basis:

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

Article 12 The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of employees stipulated by the state and record it in the basic old-age insurance pooling fund.

Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.

Twenty-third employees should participate in the basic medical insurance for employees, and employers and employees should pay the basic medical insurance premiums in accordance with state regulations.

Article 35 The employing unit shall pay the work-related injury insurance premium according to the total wages of employees and the rate determined by the social insurance agency.

Article 47 The standard of unemployment insurance benefits shall be determined by the people's governments of provinces, autonomous regions and municipalities directly under the Central Government, and shall not be lower than the minimum living standard for urban residents.

Fifty-third employees should participate in maternity insurance, the employer should pay maternity insurance premiums in accordance with state regulations, and employees do not pay maternity insurance premiums.