How to pay personal social security is the most cost-effective.

The more cost-effective ways for individuals to purchase social security are as follows:

If you are an on-the-job employee, the most cost-effective way is to pay social security in the company and fully enjoy the welfare policies of the company and the state. Generally, in formal units, it is very cost-effective for individuals to pay only 8% of the fees.

If you are not an on-the-job employee, there are three ways to pay social security, namely, paying social security as a flexible employee, endowment insurance for urban and rural residents, affiliated enterprises or third-party institutions. Details are as follows:

(1) Pay social security as a flexible employee. In this case, individuals need to choose the payment grade based on 60% to 300% of the local average social wage in the previous year, and at the same time consider their own economic income. Generally speaking, individuals need to pay 20%, and only 40% of this money goes into personal accounts, and the remaining 60% goes into overall accounts, which is relatively not particularly cost-effective.

(2) Endowment insurance for urban and rural residents. This method is different from other insurance methods in terms of payment base and pension benefits, and is more suitable for low-income policyholders.

(3) affiliated enterprises or third-party institutions. This method requires the insured to bear all the expenses and find a formal and legal unit or institution.

If you are not an on-the-job employee, there are three ways to pay social security, namely, paying social security as a flexible employee, endowment insurance for urban and rural residents, affiliated enterprises or third-party institutions.