What is the most cost-effective social security?

If it is flexible employment social security, women will start to pay social security at the latest 35 years old, and men will be 40 years old at the latest. Choosing the lowest payment grade is the most cost-effective, but they can only participate in endowment insurance and medical insurance, and the expenses are borne by the individual in full. At this time, they can receive pensions and enjoy medical insurance benefits after retirement.

If an enterprise is insured, it is most cost-effective to have no age, because as long as it takes part in the work, the work unit needs to pay social security for its employees, which is mandatory. The unit will bear a large part and a small part by itself. The sooner you pay, the better. The more you pay, the higher the pension you enjoy after retirement.

Flexible employment chooses low-grade because the cost needs to be borne by individuals. If you choose other gears, the cost will be higher. Many people's income is not a particularly big problem and they can't bear too much economic pressure. Therefore, choosing the lowest gear is the most cost-effective and will not cause life pressure to the insured.

Enterprises generally choose the lowest level of insurance because their employees' wages can't reach the payment base of social security, so paying employees at the lowest level can not only save the expenses of enterprises, but also increase the insurance of employees, killing two birds with one stone.

The insured person is concerned about how many years it will take to pay social insurance to enjoy the benefits. 15 is the minimum base, and there can be no interruption in the middle, and late fees will be paid for subsequent payments. The age limit for old-age insurance is generally required to be under 60 years old, and some old-age insurance begins to be collected at 50 years old, so it should not be over 50 years old at the latest when purchasing. When is a good time to buy endowment insurance? In addition, considering that pension insurance needs to be paid for a period of time, consumers are advised to buy it as soon as possible.

Every year after 15, the proportion of retirement pension will increase.

When people who don't pay fees reach retirement age, they should first look at whether their accumulated payment period has reached 15. If the accumulated payment period is less than 15, they can only return the personal payment part of their personal account to themselves at one time, which cannot guarantee their basic living needs after the evening.

After the payment has expired 15 years, those who have not reached the retirement age will no longer pay the pension. After they reach retirement age, they will calculate their pension according to the average social wage of the previous year when they stop paying fees, not according to the average social wage of the previous year when they retire.

legal ground

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

Sixteenth individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have accumulated contributions for fifteen years when they reach the statutory retirement age.

Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.