In the past, many people didn't buy social security, but now people who participate in the insurance can get a pension, so they also want to pay for the endowment insurance. What's the new policy on the payment of the endowment insurance in 2019? Is it cost-effective to pay for the one-time payment of the endowment insurance? Let's learn about it.
What's the new policy of supplementary payment of endowment insurance in 2019
As we all know, social security needs to be bought for 15 years in a row before we can get the pension. But sometimes we will interrupt the payment of social security for some reasons, so the payment of endowment insurance will be stopped. However, it is better to make up the payment in time, otherwise it will affect the pension treatment in the future.
It is reported that if the social security payment is cut off for more than a certain period of time, it is necessary to pay the overdue fine and interest. According to the current regulations, the overdue social insurance premium of the company will be charged 5 / 10000 of the overdue fine every day from the date of default to the day before the employer successfully applies for supplementary payment.
The calculation formula of overdue fine is: monthly social insurance premium payable & times; days in arrears & times; 5 / 10000 = overdue fine. Of course, in the actual implementation, the overdue fine is generally collected for the insured units who do not pay on time, and the individual insured generally does not collect the overdue fine. However, if the individual insured cross year arrears, it must pay the overdue fine.
If there is no payment record before the age of 45, it is not allowed to make a one-time payment
After January 1, 2019, residents who are 60 years old and have not participated in the insurance payment will no longer be granted the living allowance for the elderly. Residents who are 45 years old but less than 60 weeks old and have not participated in the insurance payment will no longer be allowed to pay the endowment insurance for 15 years in one lump sum, which means that before the age of 45, there must be social security payment records, otherwise, one-time payment is not allowed.
How much do you need to pay for one-time social security payment?
Taking the new policy of employees' supplementary payment of social security in 2019 as an example, the policy of supplementary payment is different in different regions. Taking Hunan as an example, the new way of supplementary payment in 2018 is as follows: according to the boundary between December 31, 2016 and January 1, 2017, the actual details are as follows:
If uncle Liu retires before December 31, 2016 and has reached retirement age, but has not paid for 15 years, he can pay social security fees for two grades, 60% or 100% respectively, and pay for 15 years according to 20%.
It is understood that in 2016, the average wage in Hunan Province was 4491 yuan. If uncle Liu has paid for 10 years and still has five years to go, how much is the difference between 100% and 60% grades
(1) 100% payment: 4491 yuan * 20% * 12 months * 5 years = 53892 yuan;
(2) 60% proportion: 4491 yuan * 60% * 20% * 12 months * 5 years = 32335.2 yuan.
Tip: from the perspective of grades, how to make up for social security in 2019 is related to grades and years.
In order to make our old age better, it's better to pay endowment insurance if conditions permit, because it's an endowment insurance provided by the state for retirees. If we don't buy it, we will suffer losses.