Job Recruitment Website - Social security inquiry - Is the social security of institutions the same as that of private enterprises?
Is the social security of institutions the same as that of private enterprises?
1, the social security contribution ratio of institutions and enterprises is the same. However, the budget of public institutions is relatively small, and enterprises can still issue supplementary pensions without it. It should be said that good enterprises pay more than public institutions, and poor enterprises may only pay the lowest social security premium. At present, the retirement pension is calculated according to the on-the-job basic salary plus the individual pension contribution.
2. The social security paid by the enterprise shall be paid by the employer and employees together with the basic old-age insurance premium. Before employees of government agencies 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.
Pension calculation method:
If the person reaches the statutory retirement age and the accumulated payment period is 10 or 15 or above, the basic pension shall be calculated and paid according to the following methods: monthly basic pension = basic pension personal account pension.
1, basic pension = (when retiring, the average monthly salary of employees in the whole province in the previous year is ten times of the average monthly payment salary) /2× my payment period) × 1%.
2. Personal account pension = the amount of personal account storage at retirement/the number of months corresponding to my retirement age. If there is an one-child certificate, the total pension will increase by 5%. 65438+1September 30, 998 or before, there is also a transitional pension.
To sum up, according to the relevant regulations of our country, there is a big difference between enterprise social security and pension of public institutions. Generally speaking, the pension of public institutions is higher than that of ordinary social security, and it is gradually increased every year according to national policies, while the social security of enterprises depends entirely on the social security base paid by employees themselves.
Legal basis:
People's Republic of China (PRC) social insurance law
Article 58
The employing unit shall, within 30 days from the date of employment, apply to the social insurance agency for social insurance registration for its employees. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay. Employees-free individual industrial and commercial households who voluntarily participate in social insurance, part-time employees who do not participate in social insurance in the employing unit and other flexible employees shall apply to the social insurance agency for social insurance registration. The state establishes a national unified personal social security number. Personal social security number is a citizen's identity number.
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