Social security is a very important part of our lives, which involves many aspects such as our pension, medical care, and unemployment. However, many people have some doubts about the number of years of social security payment, and do not know how many years they should pay. So, what is the difference between 15 years, 20 years and 25 years? What is the difference between self-payment and company delivery? Let's take a look at it together.
1. The difference between 15 years, 20 years and 25 years of social security payment.
1.The number of years of payment is different.
The number of years of social security contributions is calculated based on the time when an individual or unit has accumulated contributions before the statutory retirement age. Generally speaking, the minimum contribution period for social security is 15 years, which means that if you want to enjoy social security benefits after retirement, you need to pay social security contributions for at least 15 years. The 20-year and 25-year contribution period is increased on the basis of 15 years.
2.Pension benefits are different.
The pension of social security is calculated according to the number of years of individual contributions and the contribution base. Generally speaking, the longer the contribution period, the more pension you will receive after retirement. Therefore, if you pay social security contributions for 20 or 25 years, you will receive more pension after retirement than if you pay for 15 years.
3.Health insurance benefits are different.
In addition to pensions, social security also includes medical insurance. The number of years you have paid for health insurance will also affect your medical treatment after retirement. Generally speaking, the longer you pay for medical insurance, the better the medical treatment you will enjoy after retirement. Therefore, paying social security contributions for 20 or 25 years will give you better medical treatment after retirement than paying for 15 years.
Second, the difference between self-payment and company delivery.
1.Payment methods are different.
The cost of self-payment of social security is paid through direct deduction from personal bank account, while the payment of company payment is paid through the company's account.
2.The payment base is different.
The payment base of self-payment of social security is determined according to one's actual situation, while the company's payment is determined according to the actual situation of the company. Therefore, the contribution base of self-payment and company payment may be different.
3.The benefits package is different.
There is also a difference in the benefits of paying social security by yourself and paying social security by the company. For example, employees who pay social security can enjoy more benefits, such as year-end bonuses, holiday benefits, etc. Those who pay social security on their own may not be able to enjoy these benefits.
The above is some information about the difference between 15 years, 20 years and 25 years of social security payment and the difference between self-payment and company payment. Hope it helps.