What does endowment insurance contribution base mean?

The payment base of endowment insurance refers to the base for the insured to pay endowment insurance, the base for calculating the amount of endowment insurance to be paid, and the important basis for the insured to enjoy endowment insurance benefits. In China, the base of pension insurance payment is generally calculated according to the average salary of employees in the previous year.

First, the social insurance base

Social insurance base, referred to as social insurance base, refers to the social insurance payment base of employees in a social security year. It is determined according to the average monthly wage income of employees from June 1 day to February 1 day in the previous year. The social insurance payment base is an important basis for calculating the social insurance premiums and social insurance benefits paid by employers and their employees. There are upper and lower limits, depending on the actual situation in each region.

Second, the classification of social foundation.

Social insurance is the core part of the social security system, which refers to a system in which the state is the main body, the specialized agencies of laws and regulations are responsible for the implementation, and social forces are used to raise funds from workers and their employers through legislative means to establish special funds to ensure that workers can get a certain degree of income compensation after losing their labor income, so as to ensure the normal operation of labor reproduction and expand reproduction and ensure social stability. The social insurance institution in China is Ministry of Human Resources and Social Security of the People's Republic of China.

According to relevant laws and regulations, social insurance covers five types of insurance:

1, endowment insurance (endowment insurance)

The state and society establish a social insurance system according to certain laws and regulations, so as to solve the basic life of workers after reaching the age limit for terminating their labor obligations stipulated by the state or quitting their jobs because of old age.

2. Unemployment insurance (unemployment insurance)

A system that provides material assistance to workers who have temporarily interrupted their sources of livelihood because of unemployment, thus ensuring the basic livelihood of unemployed people during unemployment and promoting their re-employment.

3. Work injury insurance.

It refers to a social security system that the state and society provide medical care, living security, economic compensation, medical treatment and vocational rehabilitation for workers and their relatives who suffer from accidents and occupational diseases in production and work.

4. Medical insurance (medical insurance)

When a worker is sick or injured, a kind of material help given by the state or society, that is, a social security system that provides medical services or economic compensation. The publicly-funded medical care and labor insurance medical care established in the early 1950s in China are collectively referred to as employee medical insurance.

5, state Hu maternity insurance (maternity insurance)

It refers to a social insurance system that the state and society provide timely material help to ensure the basic life of workers and the medical care needs during pregnancy and puerperium when the labor force is temporarily interrupted due to childbirth.

Three, the old-age insurance base declaration

Every July, the insured unit shall report the social insurance payment base of the next settlement year to the municipal social insurance fee collection and management center or the district social insurance agency (hereinafter referred to as the social insurance agency) that handles the insurance registration.

The payment base declared by the insured unit shall be signed or confirmed by the insured employee himself.

If the payer fails to declare according to the regulations, the social insurance agency may temporarily determine the monthly payment base at 1 10%.

The payment base is an important calculation basis for the insured to enjoy social insurance benefits. After workers participate in social insurance, social security agencies will establish personal accounts for basic old-age insurance and medical insurance for life. The higher the base of employees' contributions, the more personal accounts, the more disposable medical expenses and the higher the pension they receive when they retire. However, the concealed, omitted and underreported payment base of insured units and insured personnel will directly reduce the level of social insurance benefits enjoyed by insured personnel.

The monthly payment base of social insurance is generally determined according to the average monthly salary of employees in the previous year, which is determined once a year. Once determined, it may not be changed within one year.

Four, the determination of the endowment insurance base

Individual employees take the monthly average of their total salary income in the previous year as the monthly payment base of this year, in which: the new employees of this unit take the full-term salary income of the month when the employees join the company as the payment base; The insured unit takes the sum of the monthly payment bases of all the insured employees of the unit as the monthly payment base of the unit.

The total wage income of employees in the previous year refers to all monetary income obtained by employees in the whole calendar year from June 65438+1 October1February 3 1 last year, including hourly wages, piece-rate wages, bonuses, allowances and subsidies, overtime wages and wages paid under special circumstances.

In view of the diversification of wage payment forms of employers, employees should pay attention to the following aspects when determining the payment base:

(1) All social insurance premiums, housing accumulation funds and individual tax adjustments directly withheld and remitted by the unit from employees' wages are all included in the payment base.

(2) The transportation subsidies, telephone subsidies, lunch subsidies, festival fees, high temperature, high altitude, underground, toxic and harmful special post allowances paid by the unit to employees in the form of cash or bank deposits should be included in the payment base.

(3) The wages paid by the unit to individual employees through after-tax profit commission or dividend should be included in the payment base.

(4) Employees who implement the basic salary system will be included in the payment base according to their turnover or business performance.

(5) after the implementation of business contracting or cost contracting, the unit will no longer reimburse the travel expenses of its employees, and 60% of its contracted income should be included in the payment base.