What is social endowment insurance for freelancers? I am in Lianyungang, Jiangsu. Prior to this, the company has been helping us pay for overseas services in Shanghai.

For freelancers, urban individual industrial and commercial households and flexible employees, the payment base for participating in social endowment insurance is generally the average salary of local employees in the previous year, and the payment ratio is 20%, of which 8% is credited to personal accounts. After retirement, the basic pension is calculated and paid according to the basic pension plan for enterprise employees. As for the specific expenses, it depends on the average wage of the local society and the proportion that should be borne.

Social endowment insurance is mainly set up for the needs of the public. If Mr. Wang has some other needs, he can apply for some commercial endowment insurance and make corresponding supplements.

The specific differences between social endowment insurance and commercial endowment insurance can be summarized as follows:

1, the main difference between the two insurances is that the insured subjects are different. Social security is the social security organization of national government departments, and commercial insurance is various commercial insurance companies.

2, for social security, the unit and the government can bear part of the payment, but commercial insurance is entirely their own payment.

3. Social endowment insurance in social security must be paid for 15 years to enjoy, and commercial insurance can choose its own payment period.

4. Social endowment insurance in social security will not be collected until the legal retirement age, and the endowment insurance of commercial insurance can freely choose the starting period.

5. Social endowment insurance in social security is a relatively popular insurance, while commercial insurance can be insured according to its own situation.

The participation of freelancers in social insurance can be implemented with reference to the participation of freelancers in social insurance. But freelancers can only participate in social endowment insurance and medical insurance in social security. The payment procedures of social endowment insurance and medical insurance are as follows: I bring my ID card, unemployment certificate and two one-inch photos to the business window of the local social security center to apply for social endowment insurance. After completing the social endowment insurance, bring the same materials and a well-run endowment insurance manual to the local medical insurance business window for medical insurance. And pay the corresponding fees normally according to the regulations.

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