Kindergarten teachers' pension insurance unit to pay what percent of wages?

Employees pay 8% of the individual contribution base for pension insurance premiums, and the unit pays the part of the unit's contribution according to the sum of the contribution base of all the insured employees, usually 20%, which is not uniform in all provinces.

Benefits of pension insurance:

1. Pension insurance is conducive to ensuring the reproduction of the labor force: through the establishment of the pension insurance system, it is conducive to the normal intergenerational turnover of the labor force, the retirement of the elderly, and the new growth of the labor force to ensure smooth employment, and to ensure that the employment structure is rationalized.

2. Old-age insurance provides basic livelihood security for the elderly, so that the elderly have a sense of security in old age. With the arrival of the aging population, the proportion of the elderly population is getting bigger and bigger, the old-age insurance guarantees the basic life of the elderly workers, which is equal to guaranteeing the basic life of a considerable part of the population in the society.

3. The design of pension insurance systems in various countries mostly links equity with efficiency, especially the pension mobilization models of partial accumulation and full accumulation. The amount of pension that a worker receives after retirement is directly related to his/her wage income and contribution during his/her working life, which undoubtedly can produce a kind of encouragement to workers to work actively during their working life and improve efficiency.

Expanded Information:

Notes on applying for pension insurance:

1. In China, the information provided by units or individuals must be true and reliable. Anyone who declares and obtains pension benefits with false materials, once found, will be dealt with seriously in accordance with relevant laws and regulations, in addition to recovering all illegal gains.

2. If the unit or the claimant has any objection to the approved pension treatment, he/she should reflect the objection to the Department of Treatment Verification of the Bureau in a timely manner according to the time limit stipulated in the Measures for Disputes on Social Insurance. If there is any error in the processing of the Bureau, the Department of Treatment Issuance shall be responsible for re-approving the treatment. Those who still have objections to the result of re-approval of treatment may apply for administrative reconsideration to the Provincial Department of Labor Security within 60 days of receiving the result of re-approval.

3. The minimum contribution period for pension insurance is 180 months, i.e., 15 years, and medical insurance needs to be paid for at least 25/30 years, so that you can apply for pension entitlements and medical reimbursement when you reach retirement age (as long as you renew your contributions on a regular basis, you can also do so).

Baidu Encyclopedia - Pension Insurance

Baidu Encyclopedia - Teacher Establishment