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How to calculate social security as the payment period?
The deemed payment period refers to the period when employees are deemed to have paid the old-age insurance premium without actually paying it. Because employees don't pay fees, there is no problem in calculating the payment base. When calculating the basic pension, it is calculated according to the payment index of the payment years: the basic pension is equal to (the average monthly salary of employees in the overall planning area plus the average monthly salary of myself) /2 times the payment years (including the deemed payment years and the actual payment years) multiplied by1%;
Legal objectivity:
"Interim Regulations on the Collection and Payment of Social Insurance Fees" Article 7 The payer must register social insurance with the local social insurance agency and participate in social insurance. The registered items include: name, domicile, business place, type of unit, legal representative or person in charge, account number of the bank where the account is opened, and other matters stipulated by the administrative department of labor and social security of the State Council.
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