according to the new regulations of endowment insurance in 2018. On April 4, the third executive meeting of the State Council deliberated and adopted policies and measures to further clarify and standardize government charges, which covers basic endowment insurance. So, will lowering the rate affect social security treatment? Will buying a house be affected? Come and have a look.
Will social security benefits be reduced if the social security rate is reduced?
To reduce the social insurance payment rate means that the total pool of social insurance fund has less money. Will our social security benefits be reduced?
Experts said that specific analysis should also be made on this issue. At present, the social security fund of our country is mainly based on the provincial overall planning, and the fund balance varies from place to place.
Is the reduction of the proportion of provident fund deposit affected by the housing purchase?
According to the regulations on the administration of housing provident fund, the minimum deposit proportion of employees and unit provident fund is 5%, and the maximum deposit proportion is 20%. The units and employees can choose from this proportion range.
If the proportion of provident fund is reduced, the amount of provident fund will change accordingly.
for instance:
The amount of accumulation fund paid by the unit and individual per month = the average wage of the previous month x the proportion of housing accumulation fund paid and deposited.
If your monthly average salary is 5000 yuan / month, and the previous payment proportion of accumulation fund is 15%, the unit and individual should pay 5000 & times; 15% = 750 yuan / month respectively, and your monthly accumulation fund is equal to 1500 yuan.
Assuming that the proportion of payment after adjustment is reduced to 12%, the unit and individual should pay 5000x12% = 600 yuan, and the monthly accumulation fund is 1200 yuan, 300 yuan less than before. But the salary is 150 yuan more.
That is to say, if there is no plan to buy a house, then the low deposit ratio is also good, at least more money comes in every month. But once ready to buy a house, the total accumulation fund is still less than before. Of course, this example only applies to cities where the current deposit ratio is higher than 12%. Whether it has an impact depends on how local governments adjust it.