Social security payment 100 or 60, which is more cost-effective?

Social security 60 and 100 are based on the same payment period, and social security 100 is cost-effective.

Long-term overpayment is the basic principle of endowment insurance. If two people have the same payment period, then the pension according to the payment ratio of 100% will definitely be more than that according to the payment ratio of 60%. Pension benefits are higher.

Paying 100% of the pension means paying the pension in full, which is not great for personal influence, because individuals only pay 8%, and the key lies in the part paid by the unit, because the part paid by the unit accounts for 20%, so the burden on the unit will be very heavy. Paying a pension at 60% will also be reduced because of the reduction of the payment base.

Pay/kloc-the difference between 0/00% social security and 60% social security.

1. The difference of receiving pension after retirement: The receiving of retirement pension is calculated according to the basic pension plus personal account pension, and the basic pension is closely related to the average salary of the local society, the payment period and the payment base. The higher the payment standard, the longer the payment time, the more the total amount in the personal account, and the more pensions you receive after retirement.

2. Different payment bases: According to the provisions of the old-age insurance system for urban workers, the payment base is based on the local average social wage in the previous year. Approved base, the unit can be approved by 60% to 300% of the local average social wage in the previous year, and the individual can be approved by 60% to 100%.