Is it better to pay more or less social security?

1, considering five insurances and one gold, it is better to pay more. If you pay more units in the provident fund, you can also pay more taxes, and the loan amount will be higher when you buy a house. The contribution ratio of endowment insurance is fixed, and you will not be said to overpay or underpay, unless the company underpays your contribution salary (the company underpays), and the balance of personal pension account bears interest at the bank's interest rate for the same period.

2. The payment base of social insurance has an upper limit and a lower limit, which are respectively determined according to 300% and 60% of the average monthly salary of employees in the city last year. If it is within the upper and lower limits, it will be paid according to the actual amount; If it exceeds the upper limit, it will be paid according to the lower limit.

Extended data:

Five insurances and one gold refer to several kinds of security benefits provided to workers by employers, including endowment insurance, medical insurance, unemployment insurance, work injury insurance, maternity insurance and housing accumulation fund.

"On-the-job employees should pay the housing accumulation fund in accordance with the regulations." Housing accumulation fund is a "payable" item, which is legally necessary, and paying it also means an obligation.

The company with five insurances and one gold needs to bear part of it and deduct it directly from the company's bank account, and the employees also need to bear part of it and deduct it from the employee's salary.

In other words, for enterprises, in addition to the monthly salary of 10000 yuan, they also need to pay an additional 43 10 yuan for five insurances and one gold; For employees, the salary of 10000 yuan can only be obtained after deducting 2223 yuan for five insurances and one gold, and then deducting personal income tax, so the actual salary of employees is less than 7500 yuan.

deal with

(1) social security and provident fund account opening

Enterprises need to open accounts for social security and provident fund at the Social Security Bureau and the Provident Fund Center within 30 days from the date of establishment. After opening a social security account, you will get the social security registration certificate, and after opening a provident fund account, you will get the unit provident fund registration number.

(2) Increase or decrease personnel

Every month, the company will add new employees to the company's five insurance and one gold account and delete employees who have left the company from the account. Social security and provident fund accounts are two independent accounts, and the operation of increasing or decreasing employees must be carried out in two accounts.

(3) Confirm the payment base

The unit needs to declare the correct payment base of five insurances and one gold for employees every month to ensure the normal payment of five insurances and one gold. The payment base of five insurances and one gold is the average salary of employees in the previous year or the salary in the first month of employment.

(4) Five insurances and one gold payment

Enterprises, banks, social security/provident fund management institutions sign bank payment agreements, and directly deduct five insurances and one gold fee from the enterprise bank account at a fixed time every month. Of course, enterprises can also choose cash or check to pay at the site of the five insurance and one gold management institution.

Baidu encyclopedia: five insurances and one gold