Business County Social Security Public Fund Contribution Rates

Minimum 15 years for pension insurance.

How much to pay is calculated according to the last year's social wage in the local area, and it is not the same every year. For example, if the average wage in A is 20,000 yuan, then the amount of pension insurance contribution is 20,000*20%=4,000 or so per year, and medical care is 20,000*10%=2,000 or so per year. In addition, there are also provisions for the lowest and highest grades, the lowest grade of contributions shall not be less than 60% of the average monthly salary of the average employee, the highest grade of 300% of the average monthly salary of the employee. Generally, the lowest grade is the majority. The minimum contribution period for pension insurance is 180 months, i.e., 15 years, so you can pay more and receive more when the time comes. At the same time, pension insurance can be calculated cumulatively, i.e. intermittent payment is allowed. Medical insurance requires at least 25/30 years of contributions, and you can apply for pension benefits and medical reimbursement when you reach the retirement age (as long as you renew your contributions at the usual time, it is also allowed). The current retirement age is 60 for men and 55 for women. Of course, in high-risk jobs, loss of labor capacity and other special circumstances can apply for early retirement and receive pension benefits.