Is the down payment of social security and flexible employment the same as the final retirement of the enterprise?

In terms of retirement benefits, it is different. There are differences between enterprise retirees and flexible employees in the amount of individual accounts and overall accounts. Because the proportion or amount of payment of flexible employees is usually lower than that of enterprise employees, the personal account pension of flexible employees will be lower than that of enterprise employees. Although the difference is not necessarily obvious, the pension of enterprise employees after retirement is usually higher than that of flexible employees.

Generally speaking, the endowment insurance for enterprise employees is jointly paid by units and individuals. In most areas, the proportion of unit contributions is 20%, and the proportion of individual contributions is 8%. Personal contributions are relatively small, so you can't enjoy government subsidies, so only 8% is included in your personal account.

Second, the composition of endowment insurance:

1, the basic pension consists of basic pension, personal account pension and transitional pension;

2, that is, basic pension = basic pension+personal account pension+transitional pension.

3. Among them, because China's old-age insurance system was gradually established in the 1990s, as a transitional arrangement, not everyone can enjoy the transitional pension;

4. Only those who work before the implementation of the Decision of the State Council on Establishing a Unified Basic Old-age Insurance System for Enterprise Employees and retire after the implementation of the Decision of the State Council on Improving the Basic Old-age Insurance System for Enterprise Employees, and the cumulative payment period (including deemed payment period) reaches 15 years, can enjoy the transitional pension, that is, on the basis of the basic pension and individual account pension, the transitional pension will be given.

To sum up, although the calculation and payment methods of pensions are the same, there is still a gap between the pensions of flexible employment retirees and enterprise retirees in the same area. This gap is not due to the calculation method of pension, but is influenced by factors such as payment base and payment period.

Legal basis:

Social insurance law

Article 12

The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of its 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.