How to calculate the social security personal account of flexible employees

According to the laws of China, the contribution ratio is 20%, of which 12% is credited to the overall fund and 8% to the personal account. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.

Legal analysis: Pension = (average monthly salary of employees in the province last year+average monthly payment salary of myself) ÷2× payment period × 1% = average monthly salary of employees in the province last year (1+ average monthly payment index of myself) ÷2× payment period × 1%. Individual endowment insurance is paid according to 20% of the payment base, of which 12% of the payment base is included in the overall account and 8% of the payment base is included in the personal account.

Individual endowment insurance is paid according to 20% of the payment base, of which 12% of the payment base is included in the overall account and 8% of the payment base is included in the personal account.

After retirement, the calculation of pension amount is also divided into two parts. Part of it is calculated from the overall account, which is the basic pension; The other part is calculated from the personal account, which is the personal account pension.

The basic old-age insurance premium is shared by enterprises and individual employees: enterprises pay a certain proportion of the total average monthly salary of employees in the previous year (19% in Beijing, which may be different in other cities), and individual employees pay a certain proportion of the average monthly salary of employees in the previous year (generally 8%).

Urban individual industrial and commercial households, flexible employees and laid-off workers from state-owned enterprises who participate in the basic old-age insurance in their personal capacity shall pay the basic old-age insurance premium at a rate of 20% based on the average social wage in the province where they are located, and all of them shall be borne by themselves.

Legal basis:

Article 11 of the Social Insurance Law of People's Republic of China (PRC)

The basic old-age insurance combines social pooling with individual accounts. The basic old-age insurance fund consists of employers, individual contributions and government subsidies.

Article 12 The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of employees stipulated by the state and record it in the basic old-age insurance pooling fund.