Endowment insurance is a kind of social insurance system established by the state and society according to certain laws and regulations to solve the problem of the basic life of the workers after they reach the national labor age limit for relieving labor obligations, or because they lose the ability to work due to old age. So how much does endowment insurance pay a year? Let's have a look at the new payment standard of endowment insurance for urban employees in 2019.
1. Payment standard of endowment insurance for urban workers:
The basic endowment insurance premium of enterprise employees shall be jointly paid by the enterprise and employees, and the basic endowment insurance premium of individual insured personnel shall be paid by themselves.
（1） The basic endowment insurance premium paid by enterprises is based on the total payment wages of all employees, and the payment proportion is 20%;
（2） The basic endowment insurance premium paid by an employee is based on his salary of last month, and the proportion of payment is 8%. The salary of an employee shall be determined according to the items listed in the total wage statistics stipulated by the National Statistics Department.
The part of the employee's salary in the last month exceeding 300% of the average monthly salary of the on-the-job employee in the previous year shall not be included in the payment base. If the employee's salary last month is lower than 60% of the average monthly salary of the on-the-job employee of the previous year, the payment base shall be calculated by 60%.
New rural social endowment insurance payment standard: because the new rural social endowment insurance payment adopts the principle of independent choice of payment, government subsidies, individual pay more, the payment standard convenient inquiry should include payment level, government or collective subsidies at all levels, insurance age and other factors, the new rural social endowment insurance fund is composed of individual payment, collective subsidies and government subsidies. In terms of individual payment, rural residents participating in the new rural insurance should pay endowment insurance premium according to regulations. At present, the payment standard is set at 12 levels of 100 yuan, 200 yuan, 300 yuan, 400 yuan and 500-1200 yuan per year. Local governments can add payment levels according to the actual situation. The insured can choose their own level of payment and pay more. According to the growth of per capita net income of rural residents, the state timely adjusts the payment level. According to the national standard, the detailed content is determined according to the regulations of each county and city. In terms of collective subsidies, the village collective with conditions shall give subsidies to the insured, and the subsidy standard shall be democratically determined by the villagers' meeting convened by the villagers' committee. Other economic organizations, social welfare organizations and individuals are encouraged to provide financial assistance for the insured.
2. There are two ways to handle social security:
(-) to pay in the name of an individual, you need to apply to the local social security bureau. The procedures include: ID card, two recent bareheaded one inch photos, insurance premium, application form, etc. And can deal with endowment insurance and medical insurance only.
How much is paid is calculated according to the local social average wage last year, and it is not the same every year. For example, if the social average wage of land a is 20000 yuan, the endowment insurance payment is 20000 * 20% = 4000 yuan / year, and the medical insurance payment is 20000 * 10% = 2000 yuan / year.
In addition, it also stipulates the lowest and the highest levels. The payment of the lowest level shall not be less than 60% of the average monthly wage of the social workers, and the highest level shall be 300% of the average monthly wage of the workers. Most of them are in the lowest level.
As long as you have to pay the minimum retirement age of 25 / 180 years, you can apply for medical insurance.
（2） Or buy social security as a unit. In addition, if we want to handle social security, it's better to pay through the unit, because the unit will bear a large part of the cost for us, so as to reduce the pressure of payment.
The insurance contract of individual endowment insurance bears the following insurance liabilities to the insured: the insured can get a fixed annuity of 10 years during the period of receiving the pension; if the insured dies during the period of fixed annuity, the beneficiary (if no beneficiary is designated, the legal successor) can continue to receive it for 10 years, and the insurance liability will terminate;
If the insured is still alive after receiving the fixed annuity for 10 years, he can continue to receive the pension until he dies, and the insurance liability will be terminated; if the insured dies during the premium payment period, he can receive the death surrender payment according to the regulations, and the insurance liability will be terminated.
Individual endowment insurance premium can be paid monthly, quarterly and annually, and can also be paid in a lump sum at the time of insurance. The monthly premium paid by each insured shall not be less than 20 yuan, and the annual premium paid shall not be less than 200 yuan.
The age of starting to receive pension is 50, 55, 60, 65 and so on. The insured can choose the most suitable level. If the insured has paid the premium for more than 2 years, he can apply for loan from the insurance company with the documents.
The loan amount shall not exceed 70% of the cash value of the insurance policy, and the loan period shall not exceed 7 months. The principal and interest of the loan shall be returned together when the loan is due. If the principal and interest of the loan are not returned within the time limit, the insurance effect will be terminated when the principal and interest of the loan reach the surrender amount.
Individual endowment insurance plays an indispensable role in the establishment and improvement of China's multi-level and multi form social endowment insurance system.
Scope of acceptance:
Social Security Bureau: unemployed workers of urban enterprises (including bankrupt, disintegrated and closed enterprises) who have not participated in the basic endowment insurance; individual industrial and commercial households and employees with local registered permanent residence (including rural registered permanent residence); individual transport owners and employees with local registered permanent residence (including rural registered permanent residence) and "operation certificate"; and;
They are employees who have terminated labor (employment) relationship with government organs and institutions; part-time workers; flexible employees with urban registered permanent residence in the city; those who have failed to obtain insurance in the bankrupt, disintegrated or closed insured units; and demobilized soldiers who have not been resettled.
(1) the standard for enterprises and individuals to pay endowment insurance premium:
Take the average salary of the previous month as the payment wage base, pay 20% by the enterprise and 8% by the individual.
Payment base: (actual monthly average wage)
If the monthly average wage of the insured is lower than the minimum wage standard of the employees of the city in the previous year, the minimum wage standard of the employees of the city in the previous year shall be taken as the base to pay the basic endowment insurance premium.
If the monthly average wage of the insured is more than 300% higher than the monthly average wage of the city's employees in the previous year, it shall not pay the basic endowment insurance premium, nor shall it be taken as the base of basic pension.
If the insured is unable to determine the average monthly wage of the previous year, the basic endowment insurance premium shall be paid based on the average monthly wage of the employees of the city in the previous year. (for new recruits and unemployed reemployees, the salary in the first month of working in the enterprise shall be taken as the payment wage base in the current year and the endowment insurance premium shall be paid according to the prescribed proportion; the payment wage base in the second year shall be determined according to the monthly average salary of the actual salary in the previous year).
We should combine social overall planning with individual accounts. The employee pays the endowment insurance by 8% of the payment base, and the enterprise transfers 3% of the payment base into the individual account, 11% of which is included in the individual account. However, since January 2006, the state has stipulated that enterprises will no longer transfer 3% into their personal accounts, and the personal accounts are all part of the personal payment.
For employees who participate in endowment insurance, the personal account deposit is only used for employees' personal pension, and the personal account deposit shall not be withdrawn in advance. The personal payment part of the balance of personal account and its interest can be inherited. The rest will be included in endowment insurance;
(1) Retirees who have reached the retirement age prescribed by the state
(2) Engaged in underground, high altitude, high temperature, especially heavy manual labor or other work harmful to health,
Male over 55 years old, female over 45 years old;
(3) Male over 50 years old, female over 45 years old, by the city, District, county labor appraisal committee confirmed that the total loss
Ability to work.
(4) Before the implementation of the regulations, the number of years (including the number of years deemed to be paid) of the employees who have participated in the work shall be more than 10 years;
After the implementation of the regulations, the number of years (including the number of years deemed to be paid) of the employees who have participated in the work shall be more than 15 years.
According to the regulations of Beijing Municipal People's government, those who have accumulated 15 years of payment will receive basic pension monthly after retirement.
If the individual payment period is less than 15 years (except for those who occupy land and are transferred from agriculture to work), they will not enjoy the basic pension treatment on a monthly basis after retirement, and the amount saved in their personal account will be paid to them at one time, and a one-time pension compensation will be given at the same time
Basic pension = Basic Pension (20% of the average monthly salary of the city's employees in the previous year) + personal account pension (1 / 120 of my account deposit).
Promoting economic development:
Many countries design endowment insurance system to link fairness and efficiency, especially partial accumulation and full accumulation of pension fund-raising mode. The amount of pension received by workers after retirement is directly related to their wage income and contribution during the working period, which can undoubtedly produce a kind of active labor and improve efficiency.
In addition, due to the wide coverage and large number of participants of endowment insurance, a large amount of endowment insurance funds can be raised in its operation, which can provide a huge source of funds for the capital market, especially the endowment insurance mode of fund system,
The accumulation of funds in personal accounts is calculated in decades, which makes the pension fund larger and provides more funds for the market. Through the operation and utilization of the scale of funds, it is conducive to the national macro-control of the national economy.
Through the establishment of the endowment insurance system, it is conducive to the normal intergenerational replacement of the labor force, the retirement of the elderly, the smooth employment of the new growing labor force, and the rationalization of the employment structure.
Endowment insurance provides the basic living security for the elderly, so that the elderly have a sense of security. With the arrival of the aging population, the proportion of the elderly population is increasing, and the number is also increasing. Endowment insurance guarantees the basic life of the elderly workers, which is equal to the basic life of a considerable part of the population.
For working workers, to participate in endowment insurance means that they have expectations for their future life after old age and are free from worries. From the perspective of social mentality, people are more stable and less impetuous, which is conducive to social stability.