What are the benefits of paying social security? How much can I get every month when I am old? Hurry up!

The seven benefits of social security tell you:

First, the bookkeeping interest rate is high.

As we all know, pensions are divided into basic pensions and personal pensions. Personal pension, enterprise employees will all pay personal contributions into personal accounts, and flexible employees will pay 8% of the base of contributions into personal accounts. The money in your personal account is anything you put in, and it has a certain interest rate. Article 14 of the Social Insurance Law stipulates that individual accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted. Putting money in a personal account brings higher income than putting it in a bank.

Second, there is no risk.

Although many people regard old-age insurance as a kind of fund, compared with financial funds, the biggest advantage of old-age insurance is that there is no risk. If you put money into financial funds, you will face the risk of losing money, but endowment insurance does not exist. According to Article 13 of the Social Insurance Law, when the basic old-age insurance fund is insufficient to pay, the government will give subsidies. Even if the pension fund faces losses, it will pay in full, because there is government finance to rely on.

Third, lifelong acceptance.

With the popularization of medical level and health knowledge, people pay more and more attention to health preservation, and the average life expectancy is getting longer and longer. Pensions are lifelong, and the longer you live, the more you get. It seems that the benefits brought by paying social security are much higher.

Fourth, there is no pressure to spend money.

Money is essential to life. If retirees have no pension, most of them will have no source of income, and their savings will be used to get married and buy a house for their children. When they are old, they will have no money to use, and they will be embarrassed to ask their children for it. I have a steady source of income and spend it comfortably.

Fifth, medical insurance benefits.

Medical insurance treatment can be said to be the best social welfare treatment at present, which solves the problems of difficult and expensive medical treatment and reduces the cost of medical treatment. Moreover, employee health insurance has another advantage. After paying a certain number of years, you can enjoy medical insurance benefits for free after retirement.

Sixth, it is rising every year.

Pensions are not static, but have been rising. First, the calculation base is on the rise, which refers to the amount of pensions initially received, and the calculation base is determined by the local social wages in the previous year. Economic development will lead to rising wages, social wages will also rise, and the corresponding calculation base will also increase. Second, the pension is adjusted every year. The adjustment method is to raise the level of basic old-age insurance benefits in a timely manner according to the average wage increase and price increase of employees. These factors are also related to economic development. With the economic growth, the pension will also increase.

Seventh, funeral subsidies.

Article 17 of the Social Insurance Law stipulates that if an individual who participates in the basic old-age insurance dies due to illness or non-work, his survivors can receive funeral subsidies and pensions. At present, funeral expenses are not small, and issuing funeral subsidies can also effectively reduce funeral expenses.

So it is necessary for each of us to pay social security. This is the related search I gave you for "knowing social security knowledge in seconds". How much money you can get when you are old depends on your payment and local social security.

I hope my answer can help you!