Proportion of individuals and units paying endowment insurance for state-owned enterprises

According to the query method, the proportion of employees and units paying endowment insurance is generally 20 to 8, that is, the unit pays 20% and the individual pays 8%. The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of its employees stipulated by the state, and record it in the basic old-age insurance pooling fund. Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.

The endowment insurance of state-owned enterprises refers to the endowment insurance paid by state-owned enterprises for employees who sign labor contracts with state-owned enterprises. Like employees in private enterprises, the proportion, base and calculation method of payment should be paid in accordance with state regulations 15 years. The calculation methods of state-owned enterprise endowment insurance and private enterprise endowment insurance are the same, and there is no difference. Both of them calculate pension benefits according to the individual pension insurance payment index and payment period. However, in order to reduce the cost of employing people, some private enterprises will make a fuss about social security payment, while state-owned enterprises pay social security according to the actual salary level of individuals.