Which is more cost-effective, social security or rural endowment insurance?

Legal analysis: Most of them are older farmers. When they are old, they pay the premium in one lump sum according to their security level and receive the pension according to the regulations until they are 60 years old.

Pay regularly, and adopt this method in areas and people with relatively stable or rich income. For example, township enterprises can pay premiums on a monthly and quarterly basis, and farmers in rich areas can pay premiums on a half-year or a year basis, and the amount of contributions can be paid according to the proportion of income or a certain amount.

Irregular payment is a way adopted by most areas because of unstable income. Pay more in good years, pay less in young years and pay less in bad years. Pay when the family income is good, and don't pay when it is bad. The purchase of rural endowment insurance and social security needs to be decided according to the actual situation of the individual, not to say how to buy it is more cost-effective. The state formulates these insurances to protect the welfare of different groups of people. Social security payment is high, and individual purchase needs a good economic foundation.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Article 7 The administrative department of social insurance in the State Council is responsible for the management of social insurance throughout the country, and other relevant departments in the State Council are responsible for the relevant social insurance work within their respective functions and duties.

The social insurance administrative department of the local people's government at or above the county level shall be responsible for the social insurance management within its administrative area, and other relevant departments of the local people's government at or above the county level shall be responsible for the relevant social insurance work within their respective functions and duties.

Eighth social insurance agencies to provide social insurance services, responsible for social insurance registration, personal rights and interests records, social insurance benefits payment and other work.

Article 9 Trade unions shall safeguard the legitimate rights and interests of employees according to law, and have the right to participate in the research on major social insurance issues, participate in the social insurance supervision committee, and supervise matters related to employees' social insurance rights and interests.