What is social security fund? What are the benefits of paying? What are the benefits of not paying?

Social insurance is compulsory by the state, and both units and individuals are obliged to pay fees. However, social insurance is a kind of welfare, which guarantees employees' pension, illness, unemployment and maternity. For example, pension: you pay a small part every month, and the company pays most. From the year of retirement, you can get a pension every month, and you don't have to pay any more. The pension will rise according to the national policy until the day you die.

Medical care: individuals and companies also pay in proportion. Individuals pay a small part, and companies take most. Usually minor illnesses and disasters, needless to say, you can use the money on medical insurance, and the hospitalization for serious illness can be reimbursed to 80 thousand. Of course, if you pay tens of dollars a year for serious illness relief, you can reimburse about 200 thousand for serious illness relief.

Work-related injury: This is the company's money, and there is no personal money. When you have a sudden illness or work-related injury at work, the labor department and the company will compensate you according to the level of work-related injury identification.

It's all a brief talk.

As for how much to deduct, I'll teach you and you can calculate it yourself. Why? Because the social security payment base is different from place to place. The payment method of each unit is different, and the base used is different.

One is that no matter what your salary is, the company will pay you social security fees according to the minimum base of your local social security payment base:

Monthly individual pension payment = local minimum social security base multiplied by 8%.

Individuals with work-related injuries do not pay, and this part belongs to the company.

Personal contribution amount of medical insurance = local minimum social security base multiplied by 2% or 3%, and this ratio should also be asked your company, because the medical insurance department will provide the company with two payment ratios, allowing the company to choose: personal 2%, company 7% or personal 3% and company 6%.

Another is that when your salary is higher than the local minimum social security base, the company will no longer calculate the payment base according to the local minimum social security base, but calculate the payment amount according to your actual company:

The monthly endowment insurance payment amount is 1 100*8%=88 yuan.

The monthly payment of medical insurance is 1 100*2%=22 yuan or 1 100*3%=33 yuan.

In addition, the money paid by individuals or units is kept and supervised by the financial and labor protection departments. Different from the nature of commercial insurance, social security is a kind of welfare for people and a guarantee of life. The country doesn't make money from his profits, but the social security department eats financial meals, which has nothing to do with the money we pay.

Commercial insurance is profitable. You do business with your money. There are losses and losses. Most of the money you buy commercial insurance is the salary of the insurance seller.