What is the base of endowment insurance for flexible employees?

The employee of the unit pays the endowment insurance, and the unit pays 20% for him, and the employee only needs to bear 8%, and all the contributions of the employee enter the personal account.

The basic old-age insurance for flexible employees is divided into nine grades. The insured can flexibly choose any one of them according to the local average monthly salary of employees in the previous year, such as 60%, 70%, 80%, 90%, 100%, 150%, 200%, 250% and 300%, and according to their own economic affordability.

Payment standard of endowment insurance for flexible employees:

1, the higher the payment level, the higher the pension. The basic old-age insurance for flexible employees is divided into nine grades, and the insured persons are divided into 60%, 70%, 80%, 90%, 100%, 150%, 200%, 250% and 300% of the average monthly salary of local employees in the previous year.

2, according to my economic ability, flexible choice of any grade as the base of payment, and then pay in proportion. The employees of the unit pay endowment insurance, and the unit pays 20%, and the employees themselves only need to bear 8%, all of which are credited to personal accounts;

3. When flexible employees pay endowment insurance premiums, they shall pay 20% of the payment base, of which 8% will go into individual accounts and 12% will go into local overall accounts. Is it more cost-effective for flexible employees to pay according to the base of 60% or 100%?

I hope the above content can help you. Please consult a professional lawyer if you have any other questions.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Tenth employees should participate in the basic old-age insurance, and employers and employees should pay the basic old-age insurance premium.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium.

Article 12 The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of employees stipulated by the state and record it in the basic old-age insurance pooling fund.

Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.

Twenty-third employees should participate in the basic medical insurance for employees, and employers and employees should pay the basic medical insurance premiums in accordance with state regulations.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic medical insurance for employees and other flexible employees can participate in the basic medical insurance for employees, and individuals pay the basic medical insurance premium in accordance with state regulations.