Introduction: Social insurance, that is, social insurance, is an important social security system in our country. It involves the life of each of us, whether it is looking for a job, seeing a doctor, or providing for the elderly, all of which are inseparable from social security. However, do you know the details of social security contributions? Do you know what are the circumstances in which paying social security is "giving money for free"? Today, we will reveal the secrets of social security contributions.
1. The "change" of social security payment
Social security payment is the responsibility of each of us, and it is also the premise for us to enjoy social security benefits. However, social security payment is not static, it will be adjusted with the change of national policies and the development of society. For example, the payment base, payment ratio, and treatment standards will change over time.
2. Category 4 people, please stop paying.
While social security contributions are everyone's obligation, not everyone is required to pay social security. There are four categories of people who can stop paying because for them, paying social security may be "free money".
1.Reaching the statutory retirement age: China's law stipulates that male employees are 60 years old and female employees are 50 years old (55 years old for special types of work), they can go through retirement procedures and start to enjoy pension benefits. For this group of people, they have reached the statutory retirement age and no longer need to pay social security.
2.The payment period has expired: China's social security payment system stipulates that employees need to pay social security for 15 years before they can enjoy pension benefits. For those who have been contributing for 15 years and continue to work in the workplace, they can choose to stop paying social security because continuing to contribute will not increase their pension benefits.
3.Freelancers: For freelancers, they can choose to contribute to social security or choose not to contribute. Because freelancers have unstable jobs and irregular incomes, paying social security can put some financial pressure on them.
4.Low-income people: For low-income people, paying social security can take up a lot of their living expenses. In China, for this part of the population, the state has a corresponding policy, which can apply for exemption or exemption of social security contributions.
3. Why is it said to be "giving money for free"?
So, why do these four types of people pay social security as "free money"? There are several main reasons:
1.Pension benefits: For those who have reached the statutory retirement age, they can already enjoy pension benefits, and continuing to pay social security will not increase their pension.
2.Medical treatment: Medical insurance in social security is mainly for reimbursement of medical expenses. For people who have already retired, they may already have commercial medical insurance, or they may be able to reimburse medical expenses in other ways, so the medical treatment of paying social security is not practical for them.
3.Unemployment and work-related injury benefits: Unemployment and work-related injury benefits are mainly to ensure the basic livelihood of employees when they are unemployed or injured. For people who have reached the statutory retirement age, they are no longer involved in the workforce, so unemployment and work-related injury benefits are also not practical for them.
Social security contributions are the responsibility and obligation of each of us, but not everyone needs to pay social security. After understanding the details and relevant regulations of social security payment, we can choose whether to continue to pay social security according to our actual situation. However, the reform and improvement of the social security system is still an issue that we need to continue to pay attention to and think about. In the future, we look forward to the social security system to better serve the people, so that everyone can enjoy the protection they deserve. Stay tuned for follow-up reports to learn more about the latest developments in social security policies.