How to calculate the personal account of Ling Hua employees after paying social security?

How to calculate the personal account of flexible employees after paying social security?

After paying social security, the calculation method of personal account of flexible employees is as follows: personal account pension = accumulated principal and interest paid by individuals/calculation months. Among them, the accumulated principal and interest of individual payment includes the principal and interest of individual payment, and the number of payment months is determined according to factors such as retirement age and average life expectancy of the population at that time. In addition, the proportion of personal accounts is generally around 8%~ 1 1%, and the specific proportion varies from place to place.

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I. Calculation of accumulated principal and interest of individual contributions

The accumulated principal and interest of individual contributions refers to the amount of individual endowment insurance premiums paid by flexible employees during the period of paying social security, including principal and interest. Principal refers to the old-age insurance fees actually paid by individuals, and interest is the income calculated according to the amount and time actually paid by individuals. When calculating the personal account pension, the accumulated principal and interest of individual contributions should be taken as the calculation base.

Second, the determination of the number of months.

Calculated months refers to the divisor used to calculate the personal account pension, and its value depends on the retirement age and the average life expectancy of the population at that time. At present, the monthly counting standards stipulated in China are calculated according to the data published by the National Bureau of Statistics, and the specific standards may be different due to factors such as region and time. When calculating personal account pension, it is necessary to determine the number of months according to local regulations.

Three, the calculation formula of personal account pension

The calculation formula of personal account pension is: personal account pension = accumulated principal and interest of individual contributions/calculation months. Among them, the calculation method of the accumulated principal and interest of individual contributions and the number of payment months has been introduced, so I won't repeat it here. It should be noted that when calculating personal account pension, factors such as local maximum and minimum pension standards need to be considered.

To sum up:

After paying social security, the calculation method of individual account of flexible employees includes three steps: the calculation of accumulated principal and interest of individual contributions, the determination of calculation months and the calculation formula of individual account pension. In the calculation process, factors such as the local maximum and minimum pension standards need to be considered to ensure the accuracy and legitimacy of the calculation results.

Legal basis:

Article 15 of the Social Insurance Law of People's Republic of China (PRC) stipulates that the basic old-age insurance shall combine social pooling with individual accounts. The basic old-age insurance fund consists of employers, individual contributions and government subsidies. The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of its employees stipulated by the state, and record it in the basic old-age insurance pooling fund. Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.