The average contribution index of the pension insurance, these effects on the pension to see how much you know?

In accordance with the relevant provisions of the Social Security Law, the employee's social pension insurance is allocated by the unit workers themselves to pay proportionally, in which the unit is in accordance with the previous year's salary of the unit's employees as the contribution base, the employee is based on the actual income of the employee to do for the payment. When their actual income is less than 60% of the average monthly income of employees in the previous year, only in accordance with the 60% of the average monthly income of employees in the previous year for the contribution base; when their actual income is higher than 300% of the average monthly income of employees in the previous year, only in accordance with the 300% of the average monthly income of employees in the previous year for the contribution base, higher than 300% of the part of the base is not calculated for the contribution base.

Generally, we can call 60% of the contributions according to the low limit of the contribution base, according to 300% of the contributions according to the contribution base called the upper limit of the contribution base, the upper and lower limits of the base of the division, is what we say that the base of the social security contributions to the "guarantee low height limit" standard. This principle is not only expressed in the social pension insurance contribution base, and also expressed in the medical insurance, unemployment insurance, maternity insurance and industrial injury insurance contribution base.

Then how can we know that we are in accordance with the 60% or 100% contribution, this distinction belongs to a few percent of the contribution based on what, and how to delineate? This is related to another definition, is what we usually say the average social development of employees, some also called the average monthly income of employees in the previous year. Previous statistics of the average monthly income of on-the-job employees, in fact, only statistics of urban non-private units; from 2019 gradually, all in accordance with the urban non-private units and private units of the full caliber of statistical analysis, which is why from May 1, 2019 onwards, the base of contributions around the world to be a significant drop compared to 2018 the main reason.

This last year's average monthly income of employees, in the past, because the social pension insurance is based on the local and municipal level of coordination, so the number of employees across the country used to measure the contribution index is based on the coordinating area as a benchmark issued in a province of each city of the contribution base is not complete the same, from 2020 gradually, all across the country to complete the provincial level coordination of the social pension insurance, and therefore last year The average monthly income of employees, social pension insurance contribution base all by the provincial Ministry of Social Affairs, Finance Bureau, medical insurance, taxation and other departments jointly issued. After the timely adjustment of the average monthly income of the employees in the previous year issued by the statistical department, the number of social security contribution indexes is measured at the beginning, and then the upper and lower limits of the current year's contributions are measured according to this number.

The employed workers are based on the actual income of the individual as the contribution base, but the measurement of the contribution index, the actual income of the individual will be used with the local social security institutions to publish the contribution base for comparison, higher than that part of the ratio is the former contribution index. For example, if the contribution base is 5,000 yuan, if one's salary is only 4,000 yuan, then the contribution index is 80%, if one's salary is only 3,000 yuan, then one's contribution index is 60%, if one's salary is 6,000 yuan, then the contribution index is 120%, and the freelancers are all based on their own specific contributions to the base to divide by the local social security agency. The first thing you need to do is to get your own contribution index, which is the percentage of your own contribution index.

What is the purpose of the contribution index? Contribution index is the test of their own contribution base high and low key indicators, the larger the contribution index, the higher the contribution base, the higher the personal account assets, and at the same time later the average contribution index is also higher, the larger the average contribution index, the higher the average contribution index salary is also higher, and the average contribution index salary measurement of the important indicators of old-age pensions, the larger the average contribution index salary, the higher the number of old-age pensions issued. The more the average contribution index salary is, the higher the number of pension payments will be.

The calculation of the average contribution index is not very difficult, it is the sum of the contribution index of the previous years, divided by the number of years of contribution is the average contribution index. For example, the payment is 15 years, after the sum of previous years' contribution index divided by 15 years is the average value of 80%, then your average contribution index is 80%, but the measurement of old-age pension needs to be calculated is the average contribution index salary, this average contribution index salary, if you want to put their own previous years' contributions to the base after the sum of the average value of the geographical differences in the transfer of the same pension relations across the country, there are differences in the contribution index. There are differences in the middle of the contribution index, so later formed a unified formula for calculating, is the local release of the previous year's average monthly income of employees, that is, the number of pension payments multiplied by the contribution index.

For example, the number of pension payments issued after retirement is 5,000 yuan, the average contribution index is 80%, so the average contribution index salary in previous years is 5,000 yuan multiplied by 80%, which is 4,000 yuan, this 4,000 yuan is their average contribution index salary. The greater the average monthly income of employees in the previous year, the higher the average contribution index salary of the self, and the higher the pension. The pension is based on the average value of the sum of the employee's average monthly income (the number of benefits) and the average contribution index salary in the previous year. According to the above case, the number of accrued expenses is 5,000 yuan, the average contribution index salary of 4,000 yuan, the average value of the two is 4,500 yuan, every year of contributions to send 1% is 45 yuan, 15 years of contributions to their own monthly pension is 675 yuan.

Overall, the social pension insurance contribution index, is their own specific contribution base and social security institutions issued by the average monthly income of employees in the previous year in the middle of the ratio, based on the contribution index calculated by the contribution base is the contribution index salary, the contribution index to be in the post-retirement period, the average contribution index salary measurement of the final ratio, but also their own pension pension accounted for the proportion of the average salary of the employees, this will play a very important role in the future pension how many people are in the future, but also in the future pension. This will play a very important role in how much the future pension.