The Inner Mongolia Autonomous Region recently issued the "Autonomous Region-level Coordination Measures for the Basic Pension Insurance for Enterprise Employees in the Inner Mongolia Autonomous Region", which clarifies the social security payment base and payment ratio in Inner Mongolia.

Inner Mongolia will uniformly implement the base and proportion of social security payment.

So what are the social security payment base, proportion and treatment standards in Inner Mongolia? Next I... I want to know more about the social security payment base, proportion and treatment standards in Inner Mongolia, so let’s take a look.

Inner Mongolia’s social security payment base Inner Mongolia’s enterprise employee basic pension insurance system will implement a unified payment base in the future.

According to the regulations, participating units shall pay basic pension insurance premiums based on the total wages of employees of the unit; employees shall pay basic pension insurance premiums based on their average monthly wages in the previous year. If the average monthly wages of employees in the previous year are lower than the average of employees in the district

If the salary is 60%, the base payment shall be 60% of the average salary of the employees in the district. If it is 300% higher than the average salary of the employees in the district, the payment shall be 300% of the average salary of the employees in the district as the base; urban individual industrial and commercial households and

People with flexible employment can choose their own payment base within the range of 60% to 300% of the average salary of on-the-job employees in the district.

At the same time, in order to maintain a smooth transition of the payment base, transitional measures can be taken. The specific measures will be formulated by the Human Resources and Social Security Department of the Autonomous Region in conjunction with relevant departments.

Inner Mongolia’s social security payment ratio: Inner Mongolia’s participating units pay 20%, and individual employees pay 8%; urban individual industrial and commercial households and flexible employment personnel pay 20%.

And unified personal accounts, that is, personal accounts are uniformly credited at 8% of the salary paid by the individual, and interest is calculated according to the unified accounting interest rate announced by the autonomous region.

Social Security Benefits in Inner Mongolia From the beginning, in Inner Mongolia, insured persons who have made cumulative contributions for 15 years when they reach the statutory retirement age will receive a basic pension on a monthly basis.

The basic pension is composed of a unified pension and a personal account pension. The monthly standard of the unified pension is based on the average monthly salary of employees in the district in the previous year and the average indexed monthly salary of the employee. The payment is paid every year.

1%; the monthly pension standard for personal accounts is the amount saved in the personal account divided by the number of payment months.

At the same time, it is clarified that in order to maintain a stable connection between the treatment levels, transitional measures can be taken. The specific measures will be formulated by the Human Resources and Social Security Department of the Autonomous Region in conjunction with relevant departments.

The fund shall be managed and used by the autonomous region as a whole. The method clarifies that the basic pension insurance fund shall be managed and used by the autonomous region as a whole, and budget management at the autonomous region level shall be implemented.

The basic pension insurance premiums paid by insured units and insured persons shall be paid directly to the treasury at the autonomous region level.

The basic pension insurance funds accumulated by each league city and banner county (city, district) over the years, in addition to reserving two months' pension as working capital, are all transferred to the autonomous region-level treasury.