How to pay the most cost-effective personal pension insurance?

Legal analysis: There are several types of endowment insurance payment in China: 1. On-the-job employees; 2. Freelancers; 3. Urban and rural residents; 4. New rural endowment insurance. Let's take freelancers as an example: freelancers are mental workers (writers, editors, accountants, etc. ) or a service provider, a person who does not belong to any organization, a person who engages in a certain occupation without making a long-term commitment to any employer. How should they pay endowment insurance? In fact, it is very simple for freelancers to pay social security. They just need to bring their ID cards, household registration books, social security designated photos and receipts to the Social Security Bureau to go through the relevant formalities. Of course, you'd better call the local social security bureau (12333) to confirm the required information and business address before going. The specific participation situation is as follows: 1. Insured persons with urban hukou apply for starting their own businesses and pay social security insurance (pension and medical care) at the place where their hukou is located; 2 household registration in the new rural insurance pilot area, you can participate in the new rural insurance; 3. If you are registered in a different place, you can only choose the place where your household registration is located or choose social security payment. Freelancers need to choose according to the level of social security when handling personal social security business. Different levels of endowment insurance costs are also different. Of course, the more they give, the more they enjoy. After choosing a good grade, the Social Security Bureau will generally calculate the annual expenses according to the ratio between the average social wage level and the grade selected by individuals.

Legal basis: Article 4 of the Decision of the State Council on Establishing a Unified Basic Old-age Insurance System for Enterprise Employees.

According to the amount of 1 1% of my salary, I will set up a personal account for employees' basic old-age insurance, and all the individual contributions will be credited to the personal account, and the rest will be credited to the enterprise contributions. With the increase of the proportion of individual contributions, the share of enterprises should be gradually reduced to 3%. For personal account deposits, interest shall be calculated with reference to the bank deposit rate in the same period of each year. Personal account storage is only used for employee pension, and may not be withdrawn in advance. When employees are transferred, all personal accounts will be transferred. When an employee or retiree dies, the individual contributions in the individual account can be inherited.