What is the difference between individual social security and company collective social security?

First, the insurance paid by enterprises with different attributes is five insurances, which belong to employee insurance, including pension, medical care, work injury, maternity and unemployment. What can enjoy retirement benefits after retirement is the basic endowment insurance for enterprise employees. Social security paid by oneself belongs to urban and rural residents' insurance and is flexible employment insurance. This is essentially different from employee insurance and cannot be handled in a unified way. Although individuals pay social security and participate in endowment insurance and medical insurance, the amount and treatment paid are still different from those of employees.

Second, the payment base The payment base for social security paid by different units is: the average salary of employees in the previous year (if the average salary of employees in the previous year was higher than 300% of the average social salary, it was paid at 300%; If the average wage of employees in the previous year was lower than 60% of the average social wage, it will be paid at 60%. In other words, the base of social security paid by the unit is linked to the average salary of the employees themselves. The payment base of personal social security is fixed at high, medium and low levels for individuals to choose. The three-level payment base is between 60% and 300% of the average social wage and is not linked to personal income.

Third, social security pension, medical care and unemployment insurance paid by different units are shared by units and individuals, while maternity insurance and industrial injury insurance are paid by units, accounting for the bulk. In this regard, the unit pays social security, of course, much more favorable than the individual. All expenses incurred by individuals in paying social security, endowment insurance and medical insurance shall be borne by themselves. Fourth, the payment place is different. Units pay social security. Whether local or foreign, as long as they work full-time, they can pay social security at the employee's workplace. Individuals who pay social security must be locals, and foreigners need to return to their domicile to pay social security.