How to pay supplementary endowment insurance

There are two ways to pay supplementary endowment insurance: individual name payment and employer payment.

If the insured person pays the endowment insurance in the name of an individual, he needs to apply to the social security bureau where the account is located; Where an employer pays the old-age insurance for its employees, it shall repay them with the employee files and the old-age insurance manual, the application form for paying the basic old-age insurance premium, the labor contract, etc., until the social security agency at the place where it is handled. Regarding the payment base of supplementary endowment insurance, employers and individuals take the average monthly salary of individuals in the previous year as the payment base. The average monthly salary of an individual in the previous year is lower than 60% of the average monthly salary of employees in the whole city in the previous year, and the payment base is 60% of the average monthly salary of employees in the whole city in the previous year; More than 300% of the average monthly salary of employees in the city in the previous year, the average monthly salary of employees in the city in the previous year is 300% as the base.