What are the effects of not having social security

No social security will add many inconveniences to life. The role of social security is as follows:

1, pension insurance: after reaching the retirement age, you can receive a monthly pension;

2, medical insurance: after three months in effect, you can be reimbursed for hospitalization of illness;

3, maternity insurance: the unit to pay a full year of contributions to the unit after giving birth to a child, basically can be reimbursed in full;

4, unemployment insurance: pay more than a year after the

5. Workers' Compensation Insurance: Once an injury occurs at work, the cost of treatment is covered by the Workers' Compensation Fund. Social security is calculated by accumulating years of service, and can be interrupted in the middle. If you quit your job, you can transfer your social security to personal contributions and pay as a flexible employee. Or you can wait for a new employer and let the new employer continue to pay.

Legal basis: Article 10 of the Social Insurance Law of the People's Republic of China

Employees shall participate in basic pension insurance, and the employer and the employee*** shall pay the basic pension insurance premiums.

Individual industrial and commercial households without employees, part-time workers who have not participated in basic pension insurance with their employing units, and other flexibly employed persons may participate in basic pension insurance and pay basic pension insurance premiums by themselves.

Methods for pension insurance for civil servants and staff members administered under the civil service law shall be prescribed by the State Council.

Article 11

Basic pension insurance is a combination of social coordination and individual accounts.

The basic pension insurance fund consists of contributions from employers and individuals and government subsidies.

Article 12

Employing units shall pay basic pension insurance contributions in proportion to the total wages of their employees as prescribed by the State, which shall be credited to the Basic Pension Insurance Coordination Fund.

Employees shall pay basic pension insurance premiums in accordance with the proportion of their own wages prescribed by the State and credited to their individual accounts.

Individual industrial and commercial households without employees, part-time workers who have not participated in the basic pension insurance in the employing organization, and other flexibly employed persons participating in the basic pension insurance shall pay the basic pension insurance premiums in accordance with the state regulations, which shall be credited to the basic pension insurance general fund and the individual account respectively.