Relationship between social security deposit base and retirement salary

The social security base is related to employees' retirement wages. Because the higher the social security payment base, the longer the payment period, and the more retirement wages. Retirement pension consists of basic pension and personal account pension. Among them, the basic pension = the average monthly salary of employees in the whole province in the previous year ×( 1+ my average payment index) ÷2× payment period ×1%; Personal account pension = personal account accumulated amount ÷ months. The higher the social security payment base, the more individuals will pay, and the more accumulated savings in personal accounts will naturally be, so the more retirement wages will naturally be.

The relationship between payment base and pension is as follows:

1, the social security base is related to employees' retirement wages;

2. Retirement pension consists of basic pension and personal 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.

3. The social security base also affects my average contribution index, which is an important parameter in the basic pension calculation formula, so it will also affect my retirement salary in the future.

Matters needing attention when employees determine the base of payment

Workers should pay attention to the following aspects when determining the payment base:

1, the social insurance premium, housing accumulation fund and individual tax directly withheld by the unit from employees' wages should be included in the payment base;

2 units in the form of cash or bank deposits to pay transportation subsidies, telephone subsidies, lunch subsidies, holiday fees, high temperature, high altitude, underground, toxic and harmful and other special post allowances should be included in the payment base;

3. The wages paid by the unit to employees through after-tax profit commission or dividends shall be included in the payment base;

4, the implementation of the basic wage system of workers, according to the turnover or operating performance of the commission income, should be included in the base pay;

5, after the implementation of business contract or cost responsibility, the unit will no longer reimburse the staff's travel expenses, and 60% of its contracted income should be included in the payment base.

To sum up, the relationship between the social security payment base and retirement wages: the higher the social security payment base, the more pension insurance premiums paid by employers and employees, and the more pensions retired employees receive. The social security payment base multiplied by the prescribed rate is the amount of social insurance premiums that enterprises or individuals should pay.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 60 The employing unit shall declare on its own and pay social insurance premiums in full and on time. Except for legal reasons such as force majeure, the payment shall not be postponed or reduced. The social insurance premiums that employees should pay shall be withheld and remitted by the employer, and the employer shall inform me of the details of paying social insurance premiums on a monthly basis. Individual industrial and commercial households without employees, part-time employees who have not participated in social insurance in the employing units and other flexible employees can pay social insurance premiums directly to the social insurance premium collection agencies.

Sixty-first social insurance fee collection agencies shall collect social insurance premiums in full and on time according to law, and regularly inform employers and individuals of the payment situation.

Article 62 If the employer fails to declare the amount of social insurance premiums that should be paid according to the regulations, the amount that should be paid shall be determined according to 1 10% of the amount paid by the employer last month; After the payment unit completes the declaration procedures, the social insurance fee collection agency shall make settlement in accordance with the provisions.

Article 63 If an employer fails to pay social insurance premiums in full and on time, the social insurance premium collection agency shall order it to pay or make up within a time limit. If the employer fails to pay or repay the social insurance premium within the time limit, the social insurance premium collection agency may inquire about its deposit account in banks and other financial institutions; And can apply to the relevant administrative departments at or above the county level to make a decision on the allocation of social insurance premiums, and notify their bank or other financial institutions in writing to allocate social insurance premiums. If the balance of the employer's account is less than the social insurance premium that should be paid, the social insurance premium collection agency may require the employer to provide guarantee and sign a deferred payment agreement. If the employer fails to pay the social insurance premium in full and fails to provide guarantee, the social insurance premium collection agency may apply to the people's court for sealing up, distraining and auctioning the property whose value is equivalent to the social insurance premium that should be paid, so as to offset the social insurance premium with the proceeds from the auction.