The social security that individuals bought at their own expense rose to 100 1 month. Is this cost-effective?

Individuals can participate in employee pension insurance as flexible employees, and can also participate in urban and rural residents' pension insurance. Employees' pension insurance is deducted monthly, and urban and rural residents' pension insurance is paid annually. Therefore, if you pay monthly, it is the employee pension insurance that individuals participate in. ?

According to the latest policy, the individual who participates in the employee pension insurance is based on the local full-caliber average salary. You can choose the appropriate payment base between 60% and 300% of the full-caliber average salary. The contribution rate is 20%, of which 8% is included in the personal pension account.

Since the average wage data will rise every year, the upper and lower limits of the individual contribution base will also be raised, and the individual contribution level will also rise.

Before you paid 800 yuan every month, you could calculate that the payment base was 4,000 yuan, of which not all the contributions from 800 yuan went into your personal pension account, and the money that went into your personal account was 320 yuan.

When the monthly contribution rises to 1 1,000 yuan, it means that your social security contribution base has risen to 5,000 yuan. Of this payment of 1 000 yuan, 400 yuan has entered your personal pension account.

It can be seen that with the increase of payment base and payment level, the savings in your personal account will also increase, which means that your personal account pension will be more in the future.

Because the pension is overpaid, the monthly contribution 1 000 yuan is naturally higher than the monthly contribution to 800 yuan's pension.

Pensions include personal account pensions and basic pensions. Look at the personal account pension first. Let's work out an account. Monthly payment for 800 yuan. Minimum payment 15 years, then 15 years personal account amount can be 57,600 yuan. Suppose you retire at the age of 60, pay monthly contributions of 139 months, and the monthly personal account pension can reach 4 14 yuan.

Moreover, the monthly payment is 1000 yuan, and the money entered into the personal account is 400 yuan. If the minimum payment is 15 years, the personal account amount can reach 72,000 yuan in 15 years, and the monthly personal account pension can reach 5 18 yuan.

Interest is not calculated here, so the monthly pension payment of 1 000 yuan is more than the monthly pension payment to 800 yuan.