Is it better for individuals to pay more or less social security?

First, is personal social security high or low?

The higher the social security contribution, the better. Generally speaking, if economic conditions permit, the more social security contributions, the greater the future income. If the payment base is high and the payment period is long, the accumulated payment will be more, and you can get more pensions after retirement. Therefore, if you want to get a higher pension than others after retirement, you must find ways to increase the payment base and extend the payment period. There is no time limit for receiving a pension, that is, the longer a person lives, the more pension he can receive. At that time, even if your personal account pension has been used up, you can still continue to receive it. In addition, your pension will increase year by year, adjusted according to the average monthly salary of employees.

Second, how to calculate the amount of social security contributions?

The calculation method of social security amount is: payment base × payment ratio.

If the unit pays social security, the social security payment amount is divided into two parts: the unit payment part and the individual payment part.

Specific social security contributions are as follows:

Endowment insurance, units and individuals pay 20% and 8% respectively;

Medical insurance, units and individuals pay 12% and 2% respectively;

Unemployment insurance, units and individuals pay 2% and 0% respectively;

Maternity insurance units pay 0.6%, and individuals do not pay;

Work-related injury insurance units pay 2%, and individuals do not pay.

Third, what is the social security base?

Social insurance base, referred to as social insurance base, refers to the social insurance payment base of employees in a social security year. It is determined according to the average monthly wage income of employees from June 1 day to February 1 day in the previous year. The social insurance payment base is an important basis for calculating the social insurance premiums and social insurance benefits paid by employers and their employees. There are upper and lower limits, depending on the actual situation in each region.

(1) If the wage income of employees is higher than 300% of the local average wage of employees in the previous year, 300% of the local average wage of employees in the previous year will be used as the payment base;

(two) the wage income of employees is lower than 60% of the local average wage of employees in the previous year, with 60% of the local average wage of employees in the previous year as the payment base;

(3) If the employee's salary is between 300% and 60%, it shall be declared according to the facts. When it is impossible to determine the wage income of employees, the payment base shall be determined according to the local average wage of employees in the previous year published by the local labor administrative department. Social security will regularly check the base every year (March or July, in different places), and declare a new base according to the average monthly salary of employees in the previous year. It is necessary to prepare proof of these payroll.

The above is the related content about whether the personal social security payment is high or low. Generally speaking, the higher the social security contribution, the better, because the higher the social security contribution, the more accumulated contributions, the higher the social security base, and the more pensions you get after retirement.