Personal account payment of endowment insurance in Hangzhou

Pension insurance payment, like social security payment, needs to be paid at the local social security bureau.

Pension payment:

The contribution rate of basic old-age insurance is 65,438+0.3% of employees' contribution wages, of which employees pay 5% of their own contribution wages; The enterprise pays 8% of the employees' individual contributions. The employee's personal account is 165438+ 0% of the payment salary; The rest is included in the mutual fund. The above understanding means to pay 5% every month, and the amount credited to the personal pension account is 1 1%.

Pay the new old-age insurance premium:

The scale of personal account is adjusted from 1 1% of my salary to 8%, all of which are formed by individual contributions, and unit contributions are no longer included in personal accounts.

Basic old-age insurance payment base calculation:

1. The proportion of basic old-age insurance premiums paid by enterprises (hereinafter referred to as enterprise contributions) generally does not exceed 20% of the total wages of enterprises (including those included in personal accounts), and the specific proportion shall be determined by the people's governments of provinces, autonomous regions and municipalities directly under the Central Government.

2, a few provinces, autonomous regions and municipalities directly under the central government, due to the large number of retirees, the burden of old-age insurance is too heavy, it is really necessary to exceed 20% of the total wages of enterprises, should be reported to the Ministry of Labor and the Ministry of Finance for approval.

3, personal account storage amount is only used for employee pension, shall not be withdrawn in advance. When employees are transferred, all personal accounts will be transferred. When an employee or retiree dies, the individual contributions in the individual account can be inherited. From June, 5438 to February, 2005, the State Council issued the Decision on Improving the Basic Old-age Insurance System for Enterprise Employees, which stipulated that from June, 5438 to October, 2006, individuals would pay 8% of the basic old-age insurance premium.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.