Is there a difference between individual social security payment and unit social security retirement in Hangzhou?

There are differences between individual social security contributions and social security contributions in Hangzhou, as shown below:

1, the payment base is different: the payment base for individuals to pay social security is usually low, while the payment base for companies to pay social security is high. Different payment bases may lead to different pension levels.

2. Different payment years: individuals need to meet a certain payment period to pay social security, usually 15 years. After a certain payment period, the unit may need to meet a certain retirement age requirement. Different payment years may have an impact on retirement time.

3. Individual account balances are different: the individual account balances that individuals pay social security can be inherited, but the company's individual account balances that pay social security cannot be inherited. Therefore, the pension for individuals to pay social security may be higher.

Materials for handling social security:

1, my valid identity document (second-generation ID card, temporary id card or other valid documents);

2, my residence booklet, residence permit or temporary residence permit and other valid proof of residence;

3, fill in the complete "urban and rural residents social medical insurance registration form" or "employee social medical insurance registration form";

4. One-inch bareheaded color photo;

5. The employee social security relationship certificate issued by the work unit.

To sum up, the medical insurance policies and requirements in different regions may be slightly different, and the specific operation can be adjusted according to local policies and actual conditions.

Legal objectivity:

Article 7 of People's Republic of China (PRC) Social Insurance Law

The administrative department of social insurance in the State Council is responsible for the national social insurance management, 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.

Article 27

Individuals who participate in the basic medical insurance for employees will not pay the basic medical insurance premium after retirement and enjoy the basic medical insurance benefits in accordance with the provisions of the state if they reach the statutory retirement age and the accumulated payment has reached the fixed number of years stipulated by the state; Those who have not reached the fixed number of years prescribed by the state may pay the fees to the fixed number of years prescribed by the state.