How much does the employee pension insurance pay a month?

Workers pay the basic old-age insurance premium according to their average salary in the previous year, and the payment ratio is 8%. The maximum monthly payment is 605.86 yuan, and the minimum payment is 12 1. 17 yuan. The unit takes the total wages of all employees of the unit as the base, and the proportion is 20%.

There are two ways to calculate individual social security contributions.

First, it is paid by the unit. That is, the units and individuals jointly pay, the unit pays part, and the individual pays part according to a certain proportion of the individual's average monthly salary income in the previous year. The individual part is paid according to 8% of the average salary of the individual in the previous year, 2% for medical insurance and 0.5- 1% for unemployment insurance. The other is that individuals pay social insurance as freelancers. In accordance with the provisions of the payment base (hundreds to thousands, each with its own local regulations) according to a certain proportion of payment, different places. Endowment insurance is generally paid at the rate of 18-28%, and medical insurance is generally paid at the rate of 6- 10% of the local average wage level in the previous year.

Is there an age limit for purchasing endowment insurance?

Anyone who has not reached the national statutory retirement age can participate in the basic old-age insurance for enterprise employees. However, those who reach retirement age and pay less than 15 cannot receive basic old-age insurance on a monthly basis. Therefore, everyone should participate in endowment insurance as soon as possible. The longer they take part in insurance, the more fees they pay, and the more pensions they receive after retirement.

State-owned enterprises, collective enterprises and joint-stock enterprises: units pay 2 1% of the salary base, and employees pay 8% of their own salary every month; Foreign-invested enterprises and private enterprises: units pay 20% of the basic salary every month, and employees pay 8% of their own salary every month; Individual industrial and commercial households and flexible employees: pay the basic old-age insurance premium at the rate of 20% of the salary base. Unemployment insurance: enterprises and institutions pay 2% of their total wages, employees pay 1% of the paid wages, and farmers' contract workers themselves do not pay. Medical insurance: the unit pays the basic medical insurance premium according to 8% of the employee's payment base of the unit, and the individual employee pays 2% of the employee's payment base.

Therefore, employees pay the basic old-age insurance premium at 8% of the paid wages every month, while for freelancers, they only need to pay three insurances: old-age insurance, unemployment insurance and medical insurance. The rest of the two insurances and one gold that should be paid by the unit-work injury insurance, maternity insurance and housing provident fund-cannot be paid by individuals.

legal ground

People's Republic of China (PRC) social insurance law

Tenth employees should participate in the basic old-age insurance, the basic old-age insurance premiums paid by the employer and employees.

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.

The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.