How much can social security minimum basic retirement get?

In areas with low payment standards, the cumulative amount is 30,000 to 50,000 in 30 years, and in areas with high payment standards, it is almost 60,000 to 80,000.

Areas with low payment standards have accumulated 30,000 to 50,000 in 30 years, and areas with high payment standards have almost 60,000 to 80,000. Pension accounts are divided into individual accounts and overall accounts. The endowment insurance premiums paid by individuals are deposited in individual accounts, and the endowment insurance premiums paid by units for employees are deposited in overall accounts.

1. How much can I get from the minimum payment base of social security?

If the social security payment base is 3,000 yuan, the monthly pension after retirement = 3,000 yuan×15%+3,000 yuan× 8 %×12×10 ÷120 = 690 yuan.

The formula is: basic pension = basic pension+personal account pension+transitional pension. And (3,000 yuan× 8 %×12×10 ÷120) is an individual account pension, and (3,000 yuan×15%) is the basic pension.

Second, how to determine the employee payment base?

(1) All social insurance premiums, housing accumulation funds and individual tax adjustments directly withheld and remitted by the unit from employees' wages are all included in the payment base.

(2) The transportation subsidies, telephone subsidies, lunch subsidies, festival fees, high temperature, high altitude, underground, toxic and harmful special post allowances paid by the unit to employees in the form of cash or bank deposits should be included in the payment base.

(3) The wages paid by the unit to individual employees through after-tax profit commission or dividend should be included in the payment base.

(4) Employees who implement the basic salary system will be included in the payment base according to their turnover or business performance.

(5) after the implementation of business contracting or cost contracting, the unit will no longer reimburse the travel expenses of its employees, and 60% of its contracted income should be included in the payment base.

3. What is the upper limit of social security payment base?

The upper limit of the payment base refers to the fact that the wage income of employees exceeds 300% of the arithmetic average monthly wage of employees in provinces and cities in the previous year, which is not included in the payment base;

The lower limit of the payment base refers to the fact that the wage income of employees is lower than 60% of the arithmetic average of the monthly average wage of employees in provinces and cities in the previous year, and 60% of the arithmetic average of the monthly average wage of employees in provinces and cities in the previous year is the payment base.

There are upper and lower limits on the social insurance payment base, and the minimum can not be lower than 60% of the average monthly salary of employees in the whole city last year (employees in private enterprises, employees in individual industrial and commercial households and employees in non-local urban households shall not be lower than 50%, and shareholders and owners of private enterprises as legal persons and individual industrial and commercial households shall not be lower than100%); The maximum can not be higher than 300% of the average monthly salary of employees in the city last year. The average wage of employees in this Municipality is published annually by the Municipal Bureau of Statistics.

In the same payment year, the payment base is fixed for one year and will not be changed halfway. From April to June every year, the employer shall declare the social insurance payment base of its employees in the new year according to the notice of the local social insurance agency.