Paying social security on behalf of banks means paying social security funds on behalf of banks. The endowment insurance fund is not directly distributed to individuals by the Social Security Bureau. The endowment insurance fund is managed by the bank, and the agent bank designated by the local social security agency pays the client's bank card on time and in full every month.
The specific process of social security payment is as follows:
1. How do individuals pay social security? They can apply for social security (old-age care) as freelancers;
2. Insurance conditions: urban hukou or rural hukou;
3. Handling location: local community street social security service points, or district and county social security bureaus (labor and social security bureaus);
4. How do individuals pay the basic information needed in social security issues: household registration book, ID card and its copy, and two 1 inch photos;
5. Payment standard: based on the local social wage in the previous year, the proportion of pension payment is 20%, and that of medical care is about 9%. At present, 80% and 100% are still available.
Collection method of social insurance premium
1. Proportional insurance system This method is based on the wage income of the insured, and a certain proportion is stipulated, so as to collect insurance premiums. Adopting the proportional system, the initial main purpose of social insurance is to compensate the income lost by the insured in risk accidents in order to maintain their minimum living. Therefore, we should refer to his usual income, on the one hand, as a standard to measure payment, on the other hand, as the basis for premium calculation.
The biggest drawback of the work-based proportional insurance system is that the burden of social insurance is directly related to wages. Whether employers and employees bear social insurance premiums or one of them bears social insurance premiums, the burden of social insurance is manifested in the increase of labor costs, which will lead to capital crowding out labor, which will lead to an increase in unemployment.
2. The system of matching insurance premium means that no matter how much the insured or his employer earns, the same amount of insurance premium should be charged. The advantages of this system are simple calculation and easy to be universally realized. Moreover, in countries that collect insurance premiums in this way, the payment system is generally divided equally, which has the significance of equal income and expenditure. But its defect is that low-income people and high-income people pay the same premium, which is obviously unfair in terms of affordability.
The social security issuing bank refers to the social security card issued by the bank, not the social security bureau, and the social security payment and reimbursement can be paid and issued directly from the bank account. For example, the company pays social security for its employees, and the company's bank and account number are filled in. The bank will directly deduct the social security amount from this account every month, so the changes in the number of social security payers in the unit should be reported to the Social Security Bureau in time.