Payment standard of social security endowment insurance in Beijing

The payment standard of social security old-age insurance in Beijing is: units and employees each pay 10% of the old-age insurance premium, in which the unit contribution rate is not less than 8% and the employee contribution rate is not less than 2%. The base is determined according to the average monthly salary of employees in the previous year of this Municipality, and shall not exceed 300% of the average monthly salary of employees in the previous year of this Municipality.

The payment standard of social security pension insurance in Beijing is stipulated by the Beijing Municipal Bureau of Human Resources and Social Security, aiming at ensuring the pension insurance benefits of employees and maintaining a fair and reasonable social security system. According to the regulations, units and employees in Beijing each pay 10% of the endowment insurance premium, of which the unit contribution rate is not less than 8% and the employee contribution rate is not less than 2%. The base is the calculation basis of payment, which is determined according to the average monthly salary of employees in the previous year and shall not exceed 300% of the average monthly salary of employees in this city in the previous year. The average monthly salary of employees is announced by the Municipal Bureau of Statistics, and the average monthly salary is calculated based on the actual salary of employees from June 65438 to February 65438. It should be noted that for employees with relatively low actual wages, Beijing will also give corresponding pension insurance subsidies. At the same time, for retirement pension benefits, there are also factors such as individual payment period and payment amount, and the specific situation needs to be calculated according to the actual situation of each employee.

Is there an upper limit for the payment base of social security and endowment insurance in Beijing? There is an upper limit on the payment base of social security and endowment insurance in Beijing, which shall not exceed 300% of the average monthly salary of employees in this city in the previous year. If the actual wages of employees exceed this upper limit, the base is still calculated at 300%, that is, the maximum payment base is 38,502 yuan.

The payment standards of social security and old-age insurance in Beijing are aimed at ensuring the old-age insurance benefits of employees, and also require the joint efforts of employees and units. For employees, they need to pay the corresponding old-age insurance premiums in accordance with regulations; For the unit, it is also necessary to pay the corresponding old-age insurance premiums for employees in accordance with regulations and report relevant information in time. Only in this way can we ensure the sustainable development of the old-age insurance system.

Legal basis:

Article 4 of the Provisions on Payment of Employees' Basic Old-age Insurance stipulates that the payment ratio between employees and employers is 1: 1, in which the pension insurance rate that employers should pay is not less than 8%, and the pension insurance rate that employees should pay is not less than 2%.