The difference between high-grade and low-grade retirement of old-age insurance

Legal analysis: high-level employees can receive full retirement wages, and low-level employees can receive them in proportion. See the social security bureau rules for details.

The difference between low-grade and high-grade social security contributions of flexible employees lies in the difference between receiving more and less pensions after retirement. If you pay more, you will get more in the future, and vice versa. There is a big difference between the highest and the lowest. The highest is five times the lowest, but this kind of thing can be done according to one's ability. As long as you earn one or two thousand a month, you can pay the lowest price, because the highest grade has to pay two or three thousand a month.

High-grade payment is 100% of the social security payment base, low-grade payment is 60%, and the gap is 40%. If it continues to deteriorate, the payment period will be the same, and the retirement pension will differ by at least 40%.

Pay more endowment insurance and get more when you retire. The amount of endowment insurance paid is in direct proportion to the amount received at retirement.

Legal basis: People's Republic of China (PRC) Social Insurance Law? Tenth employees should participate in the basic old-age insurance, and employers and employees should pay the basic old-age insurance premium. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium. The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.