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If you pay more in pension insurance, will your retirement salary be higher?

Legal analysis: Yes, the more pension insurance the employer pays to the employee, the more pension the employee will receive after retirement.

In addition to the payment standards, the longer you pay, the more pension you will receive.

The amount of pension insurance you pay is related to your payment base and payment years.

The payment base is determined in some places on a graded basis, and in others it is based on your average monthly taxable salary in the previous year.

Generally speaking, the higher the contribution base and the longer the contribution period, the more you will receive in retirement.

Legal basis: Article 10 of the "Social Insurance Law of the People's Republic of China" states that employees shall participate in basic pension insurance, and the employer and the employee shall jointly pay the basic pension insurance premiums.

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 can participate in basic pension insurance, and the basic pension insurance premiums are paid by individuals.

The measures for pension insurance for civil servants and staff managed with reference to the Civil Servant Law shall be prescribed by the State Council.

Article 11 Basic pension insurance shall be implemented through the combination of social pooling and personal accounts.

The basic pension insurance fund is composed of employer and individual contributions and government subsidies.

Article 12 The employer shall pay basic pension insurance premiums in accordance with the proportion of the total wages of its employees stipulated by the state, and record them into the basic pension insurance overall fund.

Employees should pay basic pension insurance premiums in accordance with the proportion of their wages stipulated by the state and record 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.

Article 16: Individuals who participate in basic pension insurance and who have made cumulative contributions for fifteen years when reaching the statutory retirement age shall receive basic pensions on a monthly basis.

Individuals participating in basic pension insurance who have paid less than fifteen years of cumulative contributions when they reach the legal retirement age can pay for fifteen years and receive basic pensions on a monthly basis; they can also transfer to new rural social pension insurance or urban resident social pension insurance.

, enjoy corresponding pension insurance benefits in accordance with the regulations of the State Council.