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Is social security better to pay more or less?
Suggested payment is basically ok. The higher the payment, the more pensions there will be as long as the payment period is long. Because the basic old-age insurance premium is shared by units and individuals. The proportion of the unit paying the basic old-age insurance premium (hereinafter referred to as the unit payment) is 20% of the total salary of the unit, and the proportion of the individual paying the basic old-age insurance premium (hereinafter referred to as the individual payment) is 8% of the salary paid by himself. What really affects the pension is 8% of the individual part, and 20% of the unit part directly enters the pension fund for everyone to use. Therefore, the impact of the 8% pension insurance payment base is not too great.
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