Should I pay 100% or 60% of my social security? How to pay more cost-effective?

The same is to buy social security, at 60% to buy, after retirement to enjoy the benefits of the treatment is better. You should pay attention to these points when you are paying for social security, so that you can enjoy as many benefits as possible at the time of retirement.

The regions have announced the pension adjustment program one after another, there are a lot of areas of retroactive pension has also arrived, social security according to the 100% grade and according to the 60% grade to pay, the difference between the retirement is very big.

But you know what? Mastering certain ways and means, according to 60% of the payment of pension insurance, the money received after retirement may also be more.

What is the best way to pay for social security?

For those who are flexibly employed and want to participate in employee social security, you can choose between 60% and 300% of the local social wage.

Some people would say that pension insurance follows the basic principle of "pay more, get more, pay more," so the higher the contribution base, the better the retirement benefits.

Such an understanding is indeed correct, but for a flexible employer, all the costs of participating in social security should be borne by themselves, not only to pay into the personal account, into the social fund of the part of the cost of the flexible employer should also be borne by the individual.

If you choose too high a contribution base, then the pressure on the flexible employment is greater, especially some self-employed, the income is not particularly stable, if the pension insurance contribution base is too high, then it will directly affect the life.

So how to choose a balance between the current life as well as the retirement life, which is the payment of social security to choose the grade of considerations.

If the local social wage is 5000 yuan, then according to 100% of the base of 5000 yuan to pay pension insurance and medical insurance.

Flexible workers participate in the employee pension insurance contribution rate of 20% to participate in the employee health insurance contribution rate of 8%.

That is to say, if the base of 5000 yuan to pay social security, then the flexible employment needs to bear the cost of 5000 yuan?

That is to say, if at this time in accordance with the 100% grade to pay social security, each month the need to pay the cost of 1,400 yuan, and one of them into the personal account of the pension is only 400 yuan.

And if the 60% of the class to pay social security, that is, according to the monthly base of 5000?60% = 3,000 yuan to pay.

Then the cost to the flexibly employed is 3000?(20%+8%) = 840 yuan. And only 240 RMB of this goes into the personal account of the pension.

This comparison makes it obvious that if you pay social security according to the 60% bracket, and buy both pension insurance and medical insurance, you will spend 560 RMB less per month than if you choose 100%.

How much of a difference is there in retirement pay over the same period of time by paying pension insurance at different rates?

Both to the age of 60 years to retire to carry out calculations, if the same is the case of 20 years of contributions, then the final personal account pension can be issued how much money per month?

First of all, we have to declare that the personal account pension has a certain income every year, and the rate of return is much higher than the bank, in the early years of the rate of return of 6% or even 8% is very normal.