How much does Shandong Taian Social Security Third Insurance pay for itself every month?

The payment ratio is 20%, of which 8% is credited to personal account; Pay 8% of the salary.

The payment base for urban individual industrial and commercial households and flexible employees to participate in the basic old-age insurance is the average salary of employees in the whole province or the city last year, and the payment ratio is 20%, of which 8% is credited to personal accounts. After retirement, the basic pension is calculated and paid according to the basic pension of enterprise employees. In 2006, the contribution rate of such personnel should be unified to 20%.

After the unified payment ratio, the payment base should be in place in cities with a small increase in payment; In cities with a large increase in payment, the payment base will gradually transition to the average wage of employees in the post within 3 years. Further implement the national and provincial social insurance subsidy policies to help people with employment difficulties pay insurance premiums.

Extended data:

Provisions on relevant requirements of basic old-age insurance for employees:

1. If the actual salary of the insured employees is lower than 60% of the average social wage in the overall planning area, 60% of the average social wage in the overall planning area will be the base of payment; If it is higher than 300% of the average social wage in the overall planning area, more than 300% will not be used as the payment base.

2. All units must report the total wages of their employees according to the above statistical items and calculation caliber, and pay social insurance premiums in full monthly (including work-related injury and maternity insurance premiums).

3. Units that conceal or omit the total wages shall be dealt with by the administrative department of labor and social security in accordance with the relevant provisions of the Provisional Regulations on the Collection and Payment of Social Insurance Fees (Order No.259 of the State Council).

Linqu County People's Government-Notice of Shandong Provincial People's Government on Printing and Distributing the Implementation Opinions on Improving the Basic Old-age Insurance System for Enterprise Employees in Shandong Province