Legal analysis: The latest employee pension insurance payment standard base value in 2021 is tentatively set at 4,491 yuan/month. Individual industrial and commercial households and flexible employment personnel (hereinafter referred to as individual payers) are charged a high-end 4,491 yuan/month (i.e. 100 yuan/month of the tentative payment base base value).
%), low-end 2021 yuan/month (i.e. 60% of the tentative base payment base value) is the base payment. The pension insurance premium for the current year is paid in one lump sum, or payment can be made after the base payment base value is released. Legal basis: "People's Republic of China*"
**Article 10 of the Social Insurance Law of the People's Republic of China. Employees shall participate in basic pension insurance, and the employer and employee *** shall jointly pay the basic pension insurance premiums.
Individual industrial and commercial households without employees, part-time employees who have not participated in the basic pension insurance in the employer, and other flexible employment personnel can participate in the 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 The basic pension insurance shall be combined with social pooling and personal accounts.
The basic pension insurance fund is composed of employer and individual contributions as well as 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 13 Before employees of state-owned enterprises and public institutions participate in basic pension insurance, the basic pension insurance premiums that should be paid 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.