/kloc-how much pension does 0/00% social security get more than 60% social security?

/kloc-how much pension does 0/00% social security get more than 60% social security?

For most workers, social security is one of the main sources of livelihood after retirement. The social security pension is directly related to the quality of life after retirement. Then, compared with 60% social security, what is the extra pension? This paper will discuss this issue.

First, the calculation method of social security pension

The calculation formula of social security pension is generally: basic pension+personal account pension. Among them, the basic pension is determined according to the local average monthly salary of employees in the previous year and my indexed average monthly salary. Personal account pension is determined by dividing the accumulated amount of personal account by the calculated number of months.

Second, the pension gap between 100% social security and 60% social security.

If a worker chooses the social security payment ratio of 100% during the payment period, then the payment base is 100% of the average monthly salary of local employees in the previous year. If 60% of the social security contribution rate is selected, then the payment base is 60% of the average monthly salary of local employees in the previous year.

Due to the different payment base, the gap of personal account pension will be different in the two cases. Generally speaking, employees who choose 100% social security contribution ratio will have a certain proportion of personal account pension compared with employees who choose 60% social security contribution ratio. This ratio is usually determined according to the payment period and payment base.

Third, the specific case analysis

Suppose an employee retires after 20 years of payment, and the average monthly salary of local employees in the previous year was 5000 yuan. If the laborer chooses 100% social security contribution ratio, his personal account pension is 5000×100 %×12× 20 ÷139 =118.59. If the laborer chooses 60% social security contribution ratio, his personal account pension is 5000× 60 %×12× 20 ÷139 = 5273.75 yuan. It can be seen that the personal account pension of employees who choose 100% social security contribution ratio is 6544.84 yuan more than that of employees who choose 60% social security contribution ratio.

Fourth, to sum up.

From the above analysis, it can be seen that workers who choose 100% social security contribution ratio will receive a certain proportion more pension after retirement than those who choose 60% social security contribution ratio. This ratio is usually determined according to the payment period and payment base. Therefore, when workers choose the proportion of social security payment, they should decide according to their actual situation and economic ability. At the same time, the government should also strengthen the supervision and management of the social security system to ensure that every worker can enjoy his due social security rights.

Legal basis:

Article 16 of the Social Insurance Law of People's Republic of China (PRC) stipulates: "Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis when they reach the statutory retirement age and have paid the accumulated contributions for fifteen years. Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council. "