Job Recruitment Website - Social security inquiry - What is the difference between paying more social security and paying less?

What is the difference between paying more social security and paying less?

The difference between overpayment and underpayment of old-age insurance: if you pay more, the payment base will be higher, and more money will enter your personal account. On the contrary, you pay less and get less when you retire. The amount of pension is closely related to the amount stored in the account and the payment period.

Legal basis: Article 57 of the Social Insurance Law.

The employing unit shall, within 30 days from the date of its establishment, apply to the local social insurance agency for social insurance registration with its business license, registration certificate or unit seal. The social insurance agency shall, within fifteen days from the date of receiving the application, examine and issue the social insurance registration certificate.

Where the social insurance registration items of the employing unit are changed or the employing unit is terminated according to law, it shall, within 30 days from the date of change or termination, go to the social insurance agency to handle the change or cancellation of social insurance registration.

The administrative department for industry and commerce, the civil affairs department and the organization management organ shall promptly notify the social insurance agency of the establishment and termination of the employing unit, and the public security organ shall promptly notify the social insurance agency of the birth, death, household registration, transfer and cancellation of an individual.

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The above answer is only for the current information combined with my understanding of the law, please refer carefully!

If you still have questions about this issue, I suggest you sort out relevant information and communicate with professionals in detail.