How did the old-age insurance go up again?

Old-age insurance has gone up again, because the average wage of employees has increased, which has led to an increase in old-age insurance. Old-age insurance, also known as social basic old-age insurance, is a social insurance system established by the state and society according to certain laws and regulations to solve the basic life of workers who reach the working age limit stipulated by the state and terminate their labor obligations or quit their jobs because of old age.

The average wage of employees has increased, and the old-age insurance has gone up again.

The full name of endowment insurance is social basic endowment insurance, which is a social insurance system established by the state and society according to certain laws and regulations to solve the basic life of workers who reach the working age limit stipulated by the state and terminate their labor obligations or quit their jobs because of old age.

Endowment insurance is an important part of social security system and one of the five most important social insurances. The purpose of endowment insurance is to protect the basic needs of the elderly and provide them with a stable and reliable source of life.

Old-age insurance will take effect automatically after the elderly within the legal scope "completely" or "basically" withdraw from social labor life. The so-called "complete" is characterized by the separation of workers from the means of production; The so-called "basic" means that participation in production activities has not become the main content of social life. The legal age limit is a practical measure.

1. What is the use of endowment insurance?

1, the insured can receive a certain pension after reaching the prescribed payment period and statutory retirement age to ensure the basic life after retirement;

2. Endowment insurance is jointly paid by individuals and companies. On the other hand, endowment insurance can also be regarded as a part of personal income.

3. Pensions have financial significance, and pensions can enjoy interest;

4. Commercial endowment insurance can be used as a supplement to the basic social endowment insurance, which can improve the quality of life of the insured after retirement on the basis of ensuring the basic life of users.

Second, can you buy rural old-age insurance after buying social security?

If you buy social security, you can't buy rural old-age insurance, because the national law clearly stipulates that a person can only enjoy one old-age insurance for a lifetime. Social security and rural old-age insurance belong to the same type of insurance and cannot be bought again. Even if someone buys these two insurances at the same time, they can't enjoy two guarantees. I bought social security and medical insurance for urban and rural residents. The treatment of this situation is to keep the payment period of employee pension insurance, clarify the payment of resident pension insurance, and the payment of resident pension insurance will not be merged, and individual contributions and collective subsidies will be returned to me. The amount stored in the personal accounts of urban and rural residents' pension insurance can also be transferred to the personal accounts of employees' pension insurance, but the payment period is not combined.

Third, should I pay old-age insurance after 15 years?

Old-age insurance needs to be paid for 15 years before you can enjoy retirement benefits normally. But that doesn't mean you don't have to pay it when it's full. Because everyone starts to buy social security at different ages, paying 15 is only the first basic standard. Is not the highest standard. If you are a young group and have a stable job, it is best to pay the old-age insurance all the time.

I hope the above content can help you. If in doubt, please consult a professional lawyer.

Legal basis:

Article 11 of the Social Insurance Law of People's Republic of China (PRC)

The basic old-age insurance combines social pooling with individual accounts. The basic old-age insurance fund consists of employers, individual contributions and government subsidies.

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.

Article 13

Before employees of state-owned enterprises and institutions participate in the basic old-age insurance, the basic old-age insurance premiums payable during the payment period shall be borne by the government. When the basic old-age insurance fund is insufficient to pay, the government gives subsidies.