Old-age insurance premiums include basic old-age insurance premiums paid to social insurance agencies in accordance with the standards set by the state and supplementary old-age insurance premiums paid to relevant managers of enterprise annuity funds in accordance with the enterprise annuity plan. In addition, some enterprises often conceal the total wages of employees in order to pay less. Some employees believe that it is not a loss to underreport and pay insurance premiums at present, and then raise the payment salary when retirement approaches. This idea is unrealistic, and the relevant regulations stipulate that insurance benefits are linked to the payment wages during the whole insurance period, not to the wages in a specific year or month.
To enjoy social insurance benefits is the right granted to workers by the Constitution. Every employee should consciously supervise enterprises to pay social insurance premiums on time and in full, and safeguard their legitimate rights and interests.
In some places, the collection of old-age insurance premiums adopts the settlement method of differential collection and differential appropriation. Its basic practice is: the social security agency calculates the endowment insurance premium of its employees and the retirement fee of its retirees according to the prescribed proportion. If the endowment insurance premium that should be collected is greater than the pension that should be distributed, it should be collected from the unit according to the difference, that is, the difference is collected; If the pension that should be apportioned is greater than the endowment insurance premium that should be levied, it will be apportioned to the unit according to the difference, that is, the difference payer. Individual contributions are collected from employees or withheld from their wages by the unit, and retirees' pensions are still paid by the original unit. The settlement method of unit difference receipt and payment, its accounting treatment method also varies with receipt and payment.
Article 10 of the Social Insurance Law of People's Republic of China (PRC) * * * Employees shall participate in the basic old-age insurance, and both employers and employees shall pay the basic old-age insurance premium. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium. The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.