As we all know, insurance is an important part of social economy. From the legal level, an act that one party agrees to compensate the other party's loss is equivalent to a contract act. There are many kinds of insurance, which we must be familiar with: endowment insurance, medical insurance, work-related injury insurance, unemployment insurance, etc. So how is endowment insurance paid? Can you choose to pay or not? Follow the editor to have a look.
Whether you pay endowment insurance or not depends on you, but it depends on whether you are employed by the unit or an individual. If you are employed in the unit, you can't refuse to pay. Paying social labor insurance is mandatory by laws and regulations. Individuals have no right to choose not to pay. If you want to participate in the insurance, you are free to do so. The payment amount of general enterprises is 20% of the approved total wages of employees; the amount of social endowment insurance paid by employees = 8% of the approved payment base = 60% ~ 300% & times; 8% of the total wages of employees; the amount of personal payment = 18% of the approved payment base.
Endowment insurance is an insurance system formulated by the state and society according to certain laws, regulations and social phenomena. In order to solve the basic life of the laborer after reaching the age limit of relieving the labor obligation or withdrawing from the labor post due to the loss of labor ability due to old age, guarantee the basic life needs of the elderly, and provide a stable and reliable source of life for them.
According to the editor, the social insurance law of the people's Republic of China and other regulations will gradually reduce the endowment insurance from May 1, 2016. With the development of economy, I believe that the policy of insurance will only get better and better. Endowment insurance is the most popular insurance in the world, and we can expect its perfection.