Is paying social security by yourself the same as paying social security by the company?

No, the difference between paying social security by yourself and paying social security by the company lies in:

1, the payment subject is different: paying social security by oneself generally means that an individual is insured as a flexible employee and bears all expenses; The company pays social security fees for employees, and employees only need to bear the personal part.

2. Different payment bases: the payment base for individuals to pay social security is generally 60%-300% of the average wage of the local society; The payment base of the company's social security contributions is calculated according to the average salary of employees in the previous year.

3. Different types of insurance: individuals can only pay pension insurance and medical insurance when paying social security; The social security paid by the company includes five insurances: endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.

4. Different treatment: Due to the low payment base of social security, individuals can only pay endowment insurance and medical insurance, so they enjoy relatively low treatment; However, the company's social security payment base is high, including five insurances, so it enjoys relatively high treatment.

5. Different payment amounts: The social security paid by the company means that the company and the individual bear part of the social security expenses respectively. Individuals who pay social security will continue to be responsible for all social security expenses.

6. Different in nature: the social security of the company needs to be paid by the state. If you don't pay, you will face resignation and personal social security will be paid voluntarily.

What are the five risks?

1, endowment insurance. Endowment insurance is a pension fund that is enforced by the state according to law, specifically for workers, and formed by collecting endowment insurance premiums from enterprises and individuals;

2. Unemployment insurance. Specifically targeted at workers and by raising unemployment insurance funds;

3. Medical insurance. Establish a medical insurance fund for employees by collecting medical insurance premiums from enterprises and individuals;

4. Work injury insurance. Work-related injury insurance is a work-related injury insurance fund that is enforced by the state according to law and raised by enterprises or employers.

5. Maternity insurance. Raise maternity insurance funds for employers and individuals.

To sum up, paying social security by yourself is different from paying social security by a company. The difference between them lies in different payment subjects, different payment bases, different types of insurance, different treatment, different payment amounts and different nature.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 4

Employers and individuals in People's Republic of China (PRC) pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights records, and require social insurance agencies to provide social insurance consultation and other related services.

Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.

Article 10

Employees shall participate in the basic old-age insurance, and the employer and employees shall jointly pay the basic old-age insurance premium.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium.

The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.

Article 12

The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of its employees stipulated by the state, and record it in the basic old-age insurance pooling fund.

Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.