What is the relationship between the payment base of social security and retirement salary?

The payment base of social security is directly related to retirement salary. The payment base is the basis for calculating social security expenses, while the retirement salary is comprehensively calculated according to the payment base and the payment period.

First, the impact of payment base on retirement wages.

The payment base of social security determines the accumulated amount of individual accounts, which in turn affects the calculation of retirement wages. Under normal circumstances, the higher the payment base, the more personal accounts accumulate and the higher the retirement salary. This is because the accumulated amount of personal accounts is one of the important bases for calculating retirement wages. The more the account balance, the higher the corresponding retirement salary.

Second, the impact of payment period on retirement salary.

In addition to the payment base, the payment period is also an important factor affecting retirement wages. Under the same payment base, the longer the payment period, the more personal accounts accumulated and the higher the retirement salary. Therefore, continuous payment of social security fees and uninterrupted payment will help to improve the level of individual retirement wages.

Third, how to raise the level of retirement wages.

To improve the level of retirement wages, we can start from the following aspects:

1. Increase the payment base: If personal financial ability allows, you can choose to increase the payment base to increase the accumulated amount of personal accounts.

2. Extend the payment period: pay social security fees continuously as much as possible to increase the accumulated amount of personal accounts.

3. Pay attention to policy adjustment: keep abreast of the adjustment and changes of social security policies in order to better plan your social security payment plan.

To sum up:

The payment base of social security is closely related to retirement wages. By increasing the payment base, extending the payment period and increasing the accumulated amount of personal accounts, the retirement wage level will be improved. Therefore, when planning your own social security payment plan, you should fully consider these factors in order to better protect your future pension life.

Legal basis:

Article 15 of the Social Insurance Law of People's Republic of China (PRC) stipulates: "The basic pension consists of overall pension and individual account pension. The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, and average life expectancy of urban population. "