Now endowment insurance is a very popular thing, because there are more and more elderly people in China. How much is the endowment insurance now? How much do you need to pay each month? Let's take you to understand the new regulations on endowment insurance payment in 2019.
The so-called endowment insurance (or endowment insurance system) is a kind of social insurance system established by the state and society according to certain laws and regulations to solve the problem of laborers' basic life after they have reached the labor age limit of relieving labor obligations stipulated by the state, or because they have lost the ability to work due to old age.
The payment of old insurance is paid according to different grades, and the insured can decide according to their payment ability and the amount of money to be collected later.
Once the insured and the unit terminate the labor contract relationship and handle the transfer procedures of social security relationship, they can renew the endowment insurance as flexible employees. However, we need to know that for the first time, we need to pay for the pension insurance with flexible employees. We need to hold the social security card, the endowment insurance manual and sufficient funds to go directly to the window of the social security center for payment.
For example, if your monthly salary is 4000, the endowment insurance premium of 8% * 4000 = 320 yuan will be deducted every month.
If they have paid endowment insurance for more than 15 years and reached the legal retirement age, they can enjoy the benefits of endowment insurance and receive the state subsidized pension every month. The specific algorithm is as follows:
Basic pension = basic pension + personal account pension + transitional pension = the average monthly wage of the whole city's employees in the year before retirement & times; 20% (15% if the payment period is less than 15 years) + the principal and interest of individual account and & divide; 120 + indexed monthly average payment wage & times; 1.4% before the end of 1997.
The above is the gold investment insurance network small editor for you about the pension insurance a month how much money, more insurance knowledge please pay attention to Sihai.