What does the social security contribution base mean? How to pay a higher social security pension?

Social security is paid jointly by companies and individuals, and needs to be paid every month, generally according to the social security payment base. So, what does the social security contribution base mean? Let's take a look!

What does the payment base of social security mean?

The payment base of social security refers to the wage base used by enterprises or individual employees to calculate and pay social insurance premiums. This base multiplied by the prescribed rate is the amount of social insurance premiums that enterprises or individuals should pay.

How to pay higher social security pension?

1, the sooner the better: the pension is required to be paid at least 15 years. The earlier the social security fee is paid, the lower the social security fee, because the social security rate is increasing every year. Paying in advance can save a lot of social security expenses, extend the payment period, and the pension will naturally be high.

2. The longer the payment period, the better: the relationship between pension and payment period is that the longer the payment period, the faster the pension will increase, so that you can receive more pension when you retire. It is suggested to continue to pay fees after 0/5 years, because the more you pay, the more you can get.

3. Don't break it: The most direct impact of breaking social security is that after retirement, the monthly pension will be reduced. If the pension is broken because of resignation, it is suggested to turn the enterprise window into a personal window to pay, so that social security will not be broken.