Is the pension contribution base high or low?

The higher the base of endowment insurance, the better.

The higher the payment base of old-age insurance, the more old-age insurance premiums need to be paid, and the more old-age benefits you can enjoy after retirement. The payment base of endowment insurance is the base for the insured and the insured unit to pay endowment insurance premiums. Generally, the monthly average of the total wage income of employees in the previous year is used as the payment base of this year. The higher the payment base, the more premiums employees and employers need to pay, but they will all enter employees' personal pension accounts, and the pension benefits they can get after retirement will also increase. Therefore, from an objective point of view, it will be better if the payment base of endowment insurance is high.

Calculation method of pension base:

Pension payment base = average annual salary of employees in the previous year;

Monthly pension payment base = average annual salary of employees in the previous year/12;

For example, in 2008, your total contribution salary was 23,052 yuan, 12 months, and the monthly salary base was 23,052 ÷12 =1(yuan), so from July 2009 to June 2065, it was 438+00 per month.

In general, this base is determined by the average annual salary of employees in the previous year, and divided by 12 is the monthly payment base.

To sum up, the higher the payment base of endowment insurance is, the better it will be for us, but there is one problem that we can't ignore, that is, the fees we pay will increase accordingly, especially for individuals who are insured according to flexible employees and have their own endowment insurance, because in this case, flexible employees themselves have fully insured their own endowment insurance, so their payment pressure will inevitably increase.

Legal basis:

People's Republic of China (PRC) 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.

Article 62

If the employer fails to declare the amount of social insurance premiums that should be paid according to the regulations, the amount that should be paid shall be determined according to 1 10% of the amount paid by the unit last month; After the payment unit completes the declaration procedures, the social insurance fee collection agency shall make settlement in accordance with the provisions.