Why are the pensions of employees insured by enterprises generally higher than those paid by individuals?

Many sensitive employees have a question: why are the pensions of employees insured by enterprises generally higher than those paid by individuals? 15 social security, enterprise insurance, personal insurance, is there a big difference in retirement treatment? First of all, we should make clear five differences between enterprise insurance and individual insurance. Then, it is necessary to clarify three factors that affect the pension difference between enterprise insured and individual insured retirees: first, the payment base; The second is the retirement age; The third is the place of retirement. If the above three factors are different, then there is no difference in pension benefits between the two. Let's separate the problems and analyze them in detail, hoping to help everyone!

1. What's the difference between enterprise insurance and individual insurance?

(A) the payment ratio is different

1. Enterprise insurance: employees need to pay endowment insurance (8% contribution rate), unemployment insurance (0.5% contribution rate) and medical insurance (2% contribution rate).

2. Personal insurance: Individuals only need to pay endowment insurance (20%) and medical insurance (6.8%).

From the perspective of payment ratio, the cumulative payment ratio of enterprise employees is 10.5%, and that of individuals is 26.8%. The proportion of individual insurance contributions is higher than that of enterprise insurance contributions 16.3%.

(2) There are differences in the ways to determine the payment base.

1. Enterprise insurance. The individual payment base is generally the individual's payment in the previous year and the current month, and the lower limit and upper limit of the payment base are 60% and 300% of the local province's full-caliber unified salary respectively.

2. Personal insurance. Generally speaking, with the local unified salary in the previous year as the normal state, individuals can stop choosing files according to 60%-300% as the personal payment base. Medical insurance is generally based on 100% of the local unified salary.

Note: Taking the medical insurance payment of sensitive employees in Shenyang as an example, you can choose to pay the medical insurance fee at the rate of 10% or 6.8% of the full-scale unified salary, and set up a personal account if you choose to pay at the rate of 10%; If you choose to pay at the rate of 6.8%, you will not set up a personal account during the payment of medical insurance premiums. After reaching the legal retirement age and going through the retirement formalities, a personal account will be established from the next month.

(3) There are differences in payment requests.

1. Enterprise insurance. The payment of enterprise employees is compulsory and must be insured.

2. Personal insurance. The payment of sensitive employees is optional, and it can be paid or not.

(d) There are differences in the retirement age of women.

1. Enterprise insurance. The retirement age of female employees is 50, and that of female cadres is 55.

2. Personal insurance. In most areas, the retirement age of female sensitive workers is 55 years old, and in a few areas, such as Shandong, Sichuan, Shenyang, Heilongjiang and other former state-owned enterprise laid-off female workers are relaxed to 50 years old in the implementation process.

(5) There are differences in the subjects for retirement.

1. Enterprise insurance. The personnel department of the enterprise, as a retired handler, handles retirement procedures.

2. Personal insurance. Go to the personal retirement window of the Human Resources and Social Security Bureau to go through the retirement procedures.

2. Why is the pension of enterprise insured retirees higher than that of individual insured retirees?

1. With the same payment base, the cost of individual insurance payment is high.

For example, Lao Wang is an enterprise insured employee with a payment base of 5,000 yuan; Lao Li is a sensitive employee, and the payment base is also 5000 yuan. What are the payment costs of Lao Wang and Lao Li respectively?

(1) Lao Wang's payment cost: 5000* 10.5%=525 yuan.

(2) Lao Li's payment cost: 5000*26.8%= 1340 yuan.

2. At the same payment cost, the enterprise insurance payment base is high.

For example, Lao Zhang is an enterprise insured employee, and the payment cost is 1000 yuan; Lao Zhao is a sensitive employee, and his contribution cost is 1000 yuan. What are the payment costs of Lao Zhang and Lao Zhao respectively?

(1) Lao Zhang's payment cost: 1000/ 10.5%=9524 yuan.

(2) Contribution cost of Lao Zhao: 1000/26.8%=373 1 yuan.

After calculation, we can know that if individuals want to participate in insurance, if the payment base is different from that of enterprises, they need to increase the payment cost. If the payment cost is different, the payment base of individual insurance is much smaller than that of enterprise insurance personnel. Because individual insured people simply have no stable jobs and less financial resources, they all choose to pay 60% of the files, so the base of payment is generally not high.

Write at the end:

1. The level of pension is related to the payment period, payment base, retirement age and the unified salary of the previous year when retiring. Which method has a high payment base, the higher the salary, the older the retirement age and the higher the pension after retirement.

2. If the payment base, retirement age, retirement location and other factors are different, the pension after retirement is not very different, but also different.

3. With the same payment base, the cost of individual insurance payment is high. At the same payment cost, the enterprise insurance payment base is high. This is the reason why the pension of enterprise retirees is higher than that of individual retirees.

For sensitive employees, 60% insurance payment is the most cost-effective.