How much does the individual pay for endowment insurance?

Legal analysis: 432 yuan. Generally speaking, individuals pay 8% of the payment base and companies pay 12% of the payment base. The social security payment base is approved by the company itself and reported to the Social Security Bureau, so companies with good welfare benefits can also raise the payment standard. In this way, although they pay more, the company will pay more. Almost companies will pay social security directly according to the minimum standard, and almost companies will not buy social security directly.

Legal basis: Article 10 of the Social Insurance Law of People's Republic of China (PRC) * * * Employees shall participate in the basic old-age insurance, and both employers and employees shall pay the basic old-age insurance premium. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium.