How much can a flexibly employed person's social security receive after retirement

The pension for flexibly employed people mainly consists of a basic pension and a personal account pension. The amount to be received depends on the contribution base, the number of years of contribution, the accumulated savings in the individual account, and the local average social wage of the previous year at the time of retirement.

The basic pension is calculated by dividing (the average monthly salary of the employees on the job in the previous year at the time of retirement + the average index of the person's contribution) by 2 times the number of years of contribution times 1%.

The individual account pension is calculated by dividing the balance in the individual account at the time of retirement by the number of months of payment determined by the retirement age.

The pension contribution base for flexibly employed people can be divided into five grades:

Grade 1: 60% of the average social security salary;

Grade 2: 70% of the average social security salary;

Grade 3: 80% of the average social security salary;

Grade 4: 90% of the average social security salary;

Grade 5: 100% of the average social security salary.

In summary: to enjoy the social insurance subsidy, flexibly employed persons must register for employment according to the regulations, participate in social insurance as an individual, and pay social insurance premiums in full and on time according to the prescribed contribution base. The five grades are the pension insurance contribution base for the flexibly employed, and after choosing one of the grades, you can then pay 28% of the pension insurance premiums, and 12% of the medical insurance premiums.

Legal basis:

The Social Insurance Law of the People's Republic of China

Article 10

Employees shall participate in basic pension insurance, and shall pay basic pension insurance premiums by the employing unit and the employees*** together. Individual industrial and commercial households without employees, part-time workers who have not participated in basic old-age insurance with their employing units, and other flexibly employed persons may participate in basic old-age insurance and pay basic old-age insurance premiums on an individual basis. The methods of pension insurance for civil servants and staff managed under the civil service law shall be prescribed by the State Council.