Job Recruitment Website - Social security inquiry - The more social security contributions flexible employees make, will it really increase after retirement?
The more social security contributions flexible employees make, will it really increase after retirement?
Legal analysis: The more social security contributions flexible employees make, the more they retire. Retirement benefits are calculated according to the social security base, social security payment period and the average salary of the previous year. Pay more, you will get more. The higher the social security base, the longer the social security payment period and the higher the retirement benefits. According to the relevant laws and regulations, the basic pension is determined according to the accumulated payment period of individuals, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population and other factors.
Legal basis: According to Article 15 of the Social Insurance Law of People's Republic of China (PRC), endowment insurance consists of overall pension and individual account pension. The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.
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