Enterprises pay 15 social security, and individuals pay 15 social security. Which pension is more when they retire?

When you retire, which pension is higher does not depend on the enterprise payment or individual payment, but on your payment base, payment period and average social wage at retirement.

There are always people who think that social security benefits paid by enterprises are better. In fact, as far as pensions are concerned, the social security paid by enterprises and the social security paid by flexible employees are the social security of urban workers, and the calculation formula of pensions is the same.

Enterprise social security pays three more insurances than individual flexible employment social security: work injury, maternity and unemployment. Therefore, flexible employment social security is better than enterprise social security in that the payment ratio of endowment insurance is lower and more favorable, and the payment base is the same, so flexible employment social security is more economical!

Why is the pension calculation of enterprises and individuals the same?

Why is flexible employment social security more cost-effective if the social security premium is entirely borne by the individual?

Why do enterprises pay social security, individuals pay flexible employment social security, and pension calculation is actually the same?

First, the three major factors affecting pensions:

1. The three major factors that affect the pension are: payment base, payment period, and average social wage at retirement.

for instance

Aunt Wang is the same age as Aunt Li, and they are both from Qingdao.

Aunt Wang works in an enterprise, and the social security payment base is 4000 yuan. Aunt Li is flexible in employment, and the social security payment base is also 4000 yuan.

Both of them began to pay social security at the age of 35, because flexible employment here in Qingdao also retired at the age of 50. So the retirement time of two people is the same.

So, how do they calculate their pension after retirement?

1) personal account amount

Enterprises pay social security into personal accounts 8%, and flexible employment social security into personal accounts 8%.

So Aunt Wang and Aunt Li have the same personal account amount.

Suppose both of them take 4000 as the base 15 years, and the personal account amount is: 4000× 8 %×12×15 = 57600 yuan.

Retire at the age of 50, number of months in personal account 195 months.

Personal pension: 57600/ 195=295.38 yuan.

2) Basic pension

Because they retired in Qingdao in the same year, the average social wage last year was the same.

Because the payment base of both is 4000 yuan, the payment coefficient of both is the same.

The payment period of both is 15 years.

So the basic pension of two people is the same.

Basic pension: (Take the average social wage of 5,449 yuan in 20 19 as an example): (5,449+4,000)/2×1%= 708.67 yuan.

Total pension: 1004.05 yuan (this result is for reference only, because the average social wage changes over the years).

Summary: According to the pension calculation formula, Aunt Wang and Aunt Li's personal account pension and basic pension are the same, so they receive the same amount of pension after retirement.

Why is it more cost-effective to pay flexible employment social security?

First, the payment ratio is different, but the proportion included in the personal account is the same.

1. The proportion of enterprises paying social security and endowment insurance is 16%, and individuals pay 8%, making a total of 24%.

Or take 4000 as the base, that is, 4000×24%=960 yuan/month.

2. Individuals pay flexible employment social security, and pension insurance only pays 20%. 4000×20%=800 yuan/month

3. Personal account is 8%, that is, 4000×8% = 320 yuan.

The remaining 8% has flowed into society and been included in social planning.

So: the same payment base, flexible employment social security is more economical, but the amount included in the personal account is the same.

Second, payment insurance is different.

1. The social security paid by enterprises is five insurances, including pension, medical care, maternity, unemployment and work injury.

Flexible employment social security pays two insurances, pension and medical care.

2. Proportion of other three risks:

Unemployment insurance is 0.7%, industrial injury insurance is 0. 18%, and maternity insurance is10.5%, making a total of 2.38%.

Still based on 4000, 4000×2.38%=95.20 yuan.

Summary: The company paid social security and these three insurances, which cost a total of 95.20 yuan. But you can enjoy these three benefits.

Write it at the end of the sentence

To sum up, after analysis and comparison, if 4000 is also used as the payment base and two people of the same age pay 15 years, then the company pays more flexible employment social security than the individual 160 yuan +95.2 yuan =255.20 yuan/month.

But their pensions are the same.

In other words, if an individual bears the social security expenses in full, the amount paid every month is the same, and the pension for flexible employment social security is higher than that for enterprises to pay social security.