With the prosperity of the country, the treatment given by the state to the people has also been improved. Now everyone will have a pension insurance. The rural elderly over 60 years old can get their own pension insurance every year. So where is the pension? How about individual endowment insurance payment? Let's have a look.
1、 Personal payment:
When individual businesses or other flexible employees participate in endowment insurance, they will pay the basic endowment insurance premium at 20% of the average monthly salary of on-the-job employees.
2、 Payment by the company:
Endowment insurance: 20% for the unit and 8% for the individual.
Development materials:
The payment base of social insurance refers to the wage base used by enterprises or individual employees to calculate and pay social insurance premiums. Multiplying this base by the prescribed rate is the amount of social insurance premiums that enterprises or individuals should pay. Enterprises generally take the total wages of enterprise employees as the payment base, and individual employees generally take the monthly average wages of the previous year as the wage base of individual social insurance premium payment.
Generally speaking, if the employee's payment wage is higher than 300% of the social average wage of the previous year in the province, 300% of the social average wage of the previous year will be taken as the payment base; if the employee's payment wage is lower than 40% of the social average wage of the previous year in the province, 40% of the social average wage of the previous year in the province will be taken as the payment base. (the calculation proportion of the maximum and minimum payment base may vary from city to city, and the calculation proportion and base announced by the human resources and Social Security Bureau of each city shall prevail.)