Pension gap between company social security contributions and individual social security contributions

The pension gap between company social security contributions and individual social security contributions is as follows:

1, the calculation method of pension is the same, and it is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.

2. When an individual pays the old-age insurance premium alone, the retirement pension salary is usually lower than that paid by the employer * * *, because when the employer and the individual jointly pay * * *, the unit will bear a large proportion of social security expenses;

3. The higher the social security payment base, the more the employers and workers pay the endowment insurance premium, and the more the retired employees receive the pension;

4. Individual industrial and commercial households and enterprise employees have different sources of pension. Individual industrial and commercial households receive pensions from residents' pension insurance funds, and enterprise employees receive pensions from employee pension insurance funds.

The influence of social security payment on pension;

1. The company pays social security in full and on time, which helps employees to accumulate payment years and ensure that they can receive basic pension on a monthly basis after retirement.

2. The base of paying social security directly affects the amount of pension for employees after retirement. The higher the base, the more pensions you will receive in the future.

3. If the company fails to pay social security or fails to pay social security, the amount stored in the employee's personal account will be reduced, which will affect the retirement pension.

4. Failure to pay social security will lead to the interruption of employees' calculation of length of service, which may delay the time to enjoy social insurance benefits such as basic old-age insurance.

5. If the company fails to pay social security, the accumulated interest of employees' personal accounts will be reduced, which will affect the final amount of pension.

6. Good social security payment will help safeguard the rights and interests of employees and ensure the quality of life and economic resources after retirement.

To sum up, the social security contributions of companies and individuals have an important impact on pensions. The company pays social security in full and on time, which can ensure that employees can accumulate payment years and receive basic pensions on a monthly basis after retirement. The base of paying social security directly determines the amount of pension for employees after retirement. The higher the base, the more pensions you will receive in the future. However, if the company fails to pay social security or fails to pay social security, it will reduce the amount of employees' personal accounts and affect the collection of retirement pensions.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 15

The basic pension consists of overall pension and individual account pension. The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.

Article 18

The state establishes a normal adjustment mechanism for basic pensions. According to the average wage increase and price increase of employees, the basic old-age insurance treatment level will be improved in a timely manner.