At present, the upper and lower limits of the contribution base for pension insurance in most parts of the country are 60% to 300% of the average social wage of the previous year. The contribution ratio of pension insurance is basically fixed, the contribution ratio of flexible employment is 20%, the employer is 16%, and the individual is 8%. The upper and lower limits of the payment base are directly related to the amount of money people pay for pension insurance. Therefore, some people will wonder why the payment base is not set lower, such as 40% grade, or even according to the minimum wage.
In fact, like Shenzhen, the minimum pension insurance payment base has been the minimum wage level in the past, and it was not until last year that the transition began, first of all, the implementation of 40% of the average wage of Guangdong Province in the previous year, and this year it has transitioned to the lower limit of the payment base in Guangdong Province (that is, 60% of the average wage of Guangdong Province in the previous year).
The state does not set a lower pension insurance payment grade, on the one hand, it is to ensure the level of pension, and on the other hand, it is based on the balance of income and expenditure of the pension insurance fund. Let's take a look at the payback time of pension insurance:
How much pension can I receive if I pay at 40% and 60%?
By participating in the pension calculation formula of the pension insurance, in fact, we can calculate how much the pension is generated by paying at 60% grade and paying at 40% grade or even the minimum wage.
The pension calculation formula mainly includes two parts: basic pension and personal account pension. The specific calculation formula is shown in the figure below:
First of all, the basic pension part, if the upper and lower limits of the local payment base for the year are implemented from January 1 to December 31, then the payment grade is our average payment index. The average contribution index corresponding to 40 per cent and 60 per cent is 0.4 and 0.6.
Whether it is 15 years of payment or one year of payment, the result is one year of pension insurance contributions, and the basic pension can receive 0.7% and 0.8% of the pension calculation base or the average salary of the previous year of retirement.
In order to make the calculation simple and intuitive, assuming that the average salary is 10,000 yuan, the monthly basic pension is 70 yuan and 80 yuan per month.
The second is the pension part of the personal account. The personal account pension is equal to the balance of the personal account of the pension insurance ÷ the number of months determined by the retirement age.
When the average social wage is 10,000 yuan, the 40% and 60% payment bases are 4,000 yuan and 6,000 yuan respectively, and the contribution ratio of flexible employment personnel is 20%, and they need to pay 9,600 yuan and 14,400 yuan a year.
However, only 8% of the contribution base will go to the individual account, and the rest will go to the pooled account. If you can't get enough money into your personal account, you can inherit it, so you won't lose money.
If we only use the basic pension for the overall account to return to the capital, 40% and 60% of the base payment, the amount of money into the overall account is 5760 yuan and 8640 yuan respectively, divided by the basic pension 70 yuan and 80 yuan, respectively, the payback time is 82 months and 108 months respectively.
In fact, after retirement, our pension will increase every year. When the increase is carried out, it is carried out in three ways: quota increase, hook increase and tilt increase. The increase in the quota is an equal amount of money for everyone, which is a fair adjustment. The increase in the linkage is based on the number of years of contribution and the level of pension. The tilt adjustment is for the elderly and retirees in difficult and remote areas. If it is increased in this way, the lower the pension level, the higher the proportion of increase.
For example, the basic pension adjustment plan for retirees in Guangdong Province in 2024 will increase by 30 yuan in fixed amounts, increase by one yuan per year within 20 years of payment period, and increase by two yuan per year for more than 20 years, and increase by 1.16% of the basic pension according to the pension level. The increase in inclination in advanced age will not be described in detail.
The pension is 1,000 yuan, the payment period is 15 years, and the increase in money is 30 yuan + 15 yuan + 11.6 yuan is equal to 56.6 yuan.
The pension is 10,000 yuan, the payment period is 40 years, and the increase in money is 30 yuan + 60 yuan + 116 yuan = 206 yuan.
The growth ratios of the two were 5.66% and 2.06% respectively.
Moreover, there is a corresponding funeral pension after retirement, which has nothing to do with the level of the payment base.
In general, the payment grade is low, although the pension level is also low, but the payment is too little, but it will cause the future deficit of the pension insurance fund. After all, after returning to the capital, the pensions received by retirees mainly rely on the pensions raised by the state in various ways. In the context of an ageing population, it is unlikely that there will be a contribution base of 40% or less. #缴费基数下限#