Social Security for Freelancers in Guangzhou

The impact of the suspension of social security for freelancers in Guangzhou is mainly in the following three aspects:

1, unable to enjoy medical insurance benefits during the interruption of social security payment;

2. If the interruption time is long, the accumulated payment period by retirement is less than 15 years, which will affect the normal retirement to receive pensions;

3. At present, Guangzhou needs to pay social security for a certain number of years to buy a house and a car. If you need to buy a house or a car during the interruption, it may not be possible.

Social insurance includes five insurances, namely, endowment insurance, medical insurance, unemployment insurance, maternity insurance and industrial injury insurance. It is a system that the state guarantees that workers can get some material help from society when they lose their source of livelihood due to old age, illness, work injury and unemployment.

Not a necessity, it is recommended not to interrupt the payment of social security.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.