Is social security voluntary or compulsory?

Legal analysis: individuals pay social security voluntarily. Individuals who purchase social security shall bear the expenses. If the cost is relatively high, other commercial insurance can be used to provide more comprehensive protection. Unit payment is mandatory. The state stipulates that companies must pay social security benefits for employees, namely, medical insurance, old-age insurance, maternity insurance, industrial injury insurance and unemployment insurance. The expenses are paid by the company, and the employees bear part of it, and the employees enjoy various social security benefits.

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

Article 72 The sources of social insurance funds shall be determined according to the types of insurance, and social pooling shall be gradually implemented. Employers and workers must participate in social insurance and pay social insurance premiums according to law.

Article 100th If an employer fails to pay social insurance premiums without reason, the labor administrative department shall order it to pay within a time limit; Late payment, you can add a late fee.