1. Pension insurance grades and amounts received for urban and rural residents in Sichuan

1. Pensions are composed of basic pensions and personal account pensions. The higher the payment base, the higher the "average salary index", the relevant parameter for calculating the basic pension, and the higher the corresponding basic pension; personal accounts are gradually accumulated from contributions over the years, and the accumulated savings in personal accounts are used to calculate pensions. For the component part, employees pay 8% of their own wages, and this proportion must be transferred to their personal accounts. The higher the payment base, the more amount will be transferred to the personal account in proportion, the more accumulated savings will be, and the higher the pension will be; otherwise, the pension will be lower.

2. Legal provisions: Article 11 of the "Social Insurance Law of the People's Republic of China"

Basic pension insurance shall be combined with social pooling and personal accounts. The basic pension insurance fund is composed of employer and individual contributions and government subsidies. The employer shall pay basic pension insurance premiums in proportion to the total wages of its employees stipulated by the state and record them into the basic pension insurance pooling fund. Employees should pay basic pension insurance premiums in accordance with the proportion of their wages stipulated by the state and credit them into their personal accounts. Individual industrial and commercial households without employees, part-time employees who have not participated in basic pension insurance in the employer, and other flexible employment personnel who participate in basic pension insurance shall pay basic pension insurance premiums in accordance with national regulations and record them separately in the basic pension insurance pooling fund and personal accounts. Before employees of state-owned enterprises and public institutions participate in basic pension insurance, the basic pension insurance premiums they should pay during the deemed payment period shall be borne by the government. When there is insufficient payment from the basic pension insurance fund, the government will provide subsidies.

2. Which level of pension insurance payment is the most cost-effective

1. The higher the payment level, the higher the pension you can receive later, but the more fees you need to pay. Therefore, the choice of the level of social security payment is mainly based on one's own economic situation. If economic conditions permit, it is most cost-effective to choose to pay in full. According to my country's current regulations, my country's social security payment standards are mainly based on the average social wage standard of the previous year. Social security payment levels are divided into four levels, namely the lowest level, first level, second level, and third level. Then the lowest payment ratio is 40%, the first level is 60%, the second level is 80%, and the third level is 100%;

2. In fact, which level of payment is the most cost-effective mainly depends on the user It depends on one's own situation. Generally speaking, the higher the level of payment, the higher the pension that can be received in the future, but the corresponding fees that the individual needs to pay will also be higher. Therefore, users should mainly choose based on their own financial situation. If you feel that the financial pressure is high, you can choose a more moderate grade. If the economic conditions are good, of course, if you can pay in full, choose to pay in full.