How much social security do you pay, how much does the company pay, and how to calculate the pension?

1. The contribution ratio of employees' basic old-age insurance is: 20% paid by employees' enterprises and 8% borne by employees themselves. Previously, it was stipulated that 20% of the unit and 8% of the individual were all included in the personal account. Now it is no longer included in the unit payment, but only 8% paid by individuals is included in the personal account.

2. After the implementation of the Decision of the State Council on Establishing a Unified Basic Old-age Insurance System for Enterprise Employees (Guo Fa [1997] No.26), the insured persons who participated in the work were "newcomers", and the payment period (including deemed payment period) accumulated to 15. After retirement, basic pensions were paid monthly, including basic pension treatment level, payment period, payment base level and

3, the basic pension calculation formula is:

Basic pension = (last year's average monthly salary of employees in the province+my average monthly payment salary) ÷2× payment period × 1%,

Personal account pension = personal account storage amount ÷ months (the number of months is determined according to the retirement age and the average life expectancy of the population at that time)

Calculated months are slightly equal to (average life expectancy-retirement age) X 12.

4. The following three people, with different ages and incomes, all retired at the age of 60. Assuming that their wages remain unchanged, the contribution ratio coefficient is 1, and there is no interest in their personal accounts. The amount of pension they can receive from social security every month after retirement is as follows:

(1)25 years old, with a monthly income of 2,000 yuan.

Basic pension: 2362 (Beijing social security salary in 2004) ×35× 1% = 827 yuan,

Personal account pension: 2000×8%= 160 (social security pension fee paid by individuals for one month)

160×12 =1920 (social security pension paid in one year)

1920×35=67200 (all social security pension expenses paid by individuals from now until retirement 35 years ago are the accumulated balance of personal accounts).

67200÷ 120=560 (the amount of personal account pension received every month after retirement),

827 (basic pension) +560 (personal account pension) = 1387 (monthly pension amount after retirement)

That is to say, under the current circumstances, after Li retires, he can receive a pension of 1387 yuan per month. Divide Li's retirement pension by his current monthly salary. This figure is called "replacement rate", that is, the ratio of his income when he retired to his income when he worked.

1387÷2000=69.4%

That is to say, according to the current situation, the replacement rate of Li's pension when he retired is 69.4% compared with his salary when he was on the job.

(2)30 years old with a monthly income of 4,000 yuan.

Basic pension: 2362×30× 1%=709 yuan.

Personal account pension: 4000×8%=320 yuan (one-month social security pension fee paid by individuals).

320× 12=3840 yuan (social security pension paid in one year),

3840×30= 1 15200 yuan (all social security pension fees paid by individuals from now until 30 years before retirement are the accumulated balance of personal accounts).

115200 ÷120 = 960 yuan (amount of personal account pension received every month after retirement),

709+960= 1669 yuan (monthly pension amount after retirement),

1669÷4000=4 1.7% (replacement rate)

(3)35 years old, monthly income 1 10,000 yuan.

Basic pension: 2362×25× 1%=59 1 yuan.

Personal account pension: 10000×8%=800 yuan (one-month social security pension fee paid by individuals).

800× 12=9600 yuan (social security pension paid in one year)

9600×25=240000 yuan (all social security pension fees paid by individuals from now until 25 years before retirement are the accumulated balance of personal accounts).

240,000 ÷120 = 2,000 yuan (the amount of personal account pension received every month after retirement)

59 1+2000=259 1 yuan (monthly pension amount after retirement)

2591÷10000 = 25.91%(replacement rate)

5. Paying a 30-year pension can reach 60% of on-the-job income. It is not difficult to see from the above calculation that the higher the income, the lower the replacement rate; In other words, the higher the income at work, the stronger the feeling of "not enough money to spend" after retirement.

Extended data:

Pension collection office

1. Social security will be collected on the spot after retirement in the place where the registered permanent residence is located. For example, your household registration is in Beijing, you work in Beijing, and your old-age insurance has been paid in Beijing, so you can apply for a pension in Beijing when you retire.

2. Accumulated payment will be collected within 10 years. For example, your household registration is in Hebei and you work in Beijing. Endowment insurance has been paid in Beijing. As long as the accumulated payment period exceeds 10 years, you can apply for a pension in Beijing.

3. If the number of years is not enough, go to the last payment period to collect it. For example, your household registration is in Hebei, and you work in Shenzhen when you retire, but the pension insurance paid in Shenzhen is insufficient 10 years. Then, if you have been working in Beijing for 10 years at your last workplace, you can apply for a pension in Beijing.

4, many years are not enough, and the funds are collected in the household registration. For example, you are registered in Hebei, working in Beijing for 8 years and working in Guangzhou for 7 years. By the time of retirement, the accumulated endowment insurance paid by all localities is less than 10 years, so they can only go back to Hebei, where they are registered, to apply for pensions.

5. Payment 10 years or more will be collected in the last paid-up year. For example, your household registration is in Ningbo, and you pay fees in Shenzhen and Beijing for 10 year respectively, and the final collection place is Beijing.

6. If the payment period is not enough, can I take out the money after retirement? If the retirement age does not meet the requirements for receiving a monthly pension, the insured person may apply for a one-time withdrawal of the amount (including principal and interest) in the personal account of the old-age insurance, and the social security department shall terminate its old-age insurance relationship.

Baidu encyclopedia-basic endowment insurance for employees