New Social Insurance Law: Base and Proportion of Endowment Insurance Payment

Interpretation of "Social Insurance Law": the base and proportion of endowment insurance payment

Article 12

The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of its employees stipulated by the state, and record it in the basic old-age insurance pooling fund.

Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.

This article is about the basic old-age insurance payment base and payment ratio.

1, the payment base and proportion of the employer.

Regarding the payment base, some places take the total wages of enterprises as the payment base, such as Liaoning, Jilin, Henan, Zhejiang and other provinces and cities; In some places, the total wages of all employees are taken as the base, such as Beijing, Tianjin, Shenzhen and other provinces and cities. The proportion of the basic old-age insurance premium paid by the employer shall generally not exceed 20% of the total wages of the enterprise, and the specific proportion shall be determined by the people's governments of provinces, autonomous regions and municipalities directly under the Central Government. At present, the contribution rate of employers in Liaoning Province is 2 1%. The social insurance premiums paid by the employer are included in the basic old-age insurance pooling fund, which is used to pay the basic old-age insurance benefits in the current period, and pay as you go.

2, employee individual payment base and payment ratio

Individual employees are included in their personal accounts according to 8% of their contributions, and the contributions are my average monthly salary in the previous year. The part where the average monthly wage exceeds the average wage of local employees by more than 300% is not included in the base of individual contribution wage; If it is lower than 60% of the average wage of local employees, the payment wage base shall be calculated at 60%. All the endowment insurance premiums paid by employees are included in personal accounts, forming a personal account fund for paying personal account pensions after retirement. At present, personal accounts are actually? Empty account? Operation, income is calculated according to the one-year deposit interest rate every year. Starting from 200 1, Liaoning tried to set up a personal account.

3, flexible employment base and payment ratio.

The payment base for flexible employees to participate in the basic old-age insurance is the average monthly salary of local employees in the previous year, and the payment ratio is 20%, of which 8% is included in personal accounts.

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