Is social security good or not?

1. It is certainly good to participate in social insurance, which is good for individuals; To participate in social insurance, the unit will bear most of the expenses, while the old-age insurance is generally 20% for the unit and 8% for the individual, and the medical insurance is generally 6% for the unit and 2% for the individual. It is better to participate. & lt& lt； Clearly stipulate that if you do not participate in social insurance as required, you will be punished;

2. After participating in endowment insurance, you can enjoy retirement benefits if you meet the requirements, and you can enjoy medical insurance benefits if you participate in medical insurance; Generally speaking, the social insurance of employees is now commonly known as "five insurances and one gold". Specifically, the five insurances are: endowment insurance, medical insurance, unemployment insurance, maternity insurance and work injury insurance; One gold: housing accumulation fund.

"Housing accumulation fund"; Specific units and individuals each bear 50%, calculated according to the average annual salary of individuals. The state stipulates that the housing accumulation fund shall not be less than 10% of the salary, and the units with good benefits may be higher, and the employees and units shall bear 50% respectively. It is very affordable for employees, that is, one gets two free, which is convenient for their future housing convenience!

In terms of "five risks", according to the wages of employees, the sharing ratio between units and individuals is generally: pension insurance units bear 20%, and individuals bear 8%; 6% for medical insurance units and 2% for individuals; Unemployment insurance unit 2%, individual1%; 1% maternity insurance shall be borne by the unit; 0.8% of work-related injury insurance is also borne by the unit, and individual employees do not bear maternity and work-related injury insurance.

3. Look at the latest old-age insurance policy, which is more clear: the State Council's < < the State Council's decision on improving the basic old-age insurance system for enterprise employees > > document (Guo Fa [2005] No.38) stipulates that all kinds of enterprise employees, individual industrial and commercial households and urban flexible employees should participate in the basic old-age insurance for enterprise employees. The payment base for urban individual industrial and commercial households and flexible employees to participate in the basic old-age insurance is the average salary of local employees in the previous year, and the payment ratio is 20%, of which 8% is credited to personal accounts. After retirement, the basic pension is calculated and paid according to the basic pension plan for enterprise employees. Reform the method of calculating and distributing basic pensions. In order to connect with the actual personal account, from June 65438+1 October1in 2006, the size of the personal account was adjusted from 1 1% of my paid salary to 8%, which was all formed by individual contributions, and the unit contributions were no longer included in the personal account. At the same time, further improve the incentive and restraint mechanism, encourage employees to pay insurance premiums, and adjust the basic pension calculation and payment methods accordingly.

After the implementation of the Decision of the State Council on Establishing a Unified Basic Old-age Insurance System for Enterprise Employees (Guo Fa [1997] No.26), if the working payment period reaches 15 years (including deemed payment period, the same below), the basic pension will be paid monthly after retirement. Basic pension consists of basic pension and personal account pension. The monthly standard of basic pension at retirement is based on the average monthly salary of local employees in the previous year and my indexed monthly salary, and the payment is paid to 1% every1year. The monthly standard of personal account pension is the amount of personal account storage divided by the number of months, which is determined according to the average life expectancy of urban population and its retirement age and interest when employees retire.

If Guo Fa [1997] No.26 worked before the implementation, and retired after the implementation of this decision, and the accumulated payment period has reached 15, transitional pension will be given on the basis of basic pension and personal account pension. The people's governments of all provinces, autonomous regions and municipalities directly under the Central Government shall, in accordance with the principle of reasonable convergence of treatment levels and smooth transition of old and new policies, formulate specific transition measures on the basis of careful calculation and report them to the Ministry of Labor and Social Security and the Ministry of Finance for the record.

After the implementation of this decision, if the retirement age is reached but the payment period is less than 15 years, the basic pension will not be issued; Personal account storage amount is paid to me in one lump sum, and the basic old-age insurance relationship is terminated.

This is the latest provision for calculating pension benefits at present.