For foreigners, what are the benefits of paying social insurance in China?
In China, all employers should pay social insurance for their employees. For foreign employees, social insurance is even more important! When foreigners apply for a work permit extension, many cities will require proof of participation in social insurance, otherwise it will not be extended.
Moreover, foreign employees can enjoy the same benefits as Chinese citizens.
Enjoy a fixed income every month after retirement if bought for more than 15 years.
The social security card can be used to pay for medical treatment. If you are hospitalized, part of the expenses can be reimbursed proportionally, up to 95%! Enjoy lifetime medical reimbursement if you pay for 25 years in total.
Reimburse the maternity medical expenses during pregnancy and delivery.
Receive a monthly unemployment benefit for two years if the company goes bankrupt or is fired. Taking Guangzhou as an example, the monthly amount is 2070 yuan, which can be received for a maximum of two years.
However, the premise is that after the cancellation of the employment card, you need to obtain other types of residence permits to stay in China legally, such as study or family residence permit.
Employment Injury Insurance
Receive compensation for temporary or permanent incapacity if you are injured at work.
However, the premise for foreigners to participate in social insurance is legally working in China. Illegal employment is not protected by any law here.
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