The differences between social security base of 7,200 yuan and 5,000 yuan in Suqian, Jiangsu are as follows:
- Monthly payment amount:
- For employees:
- If the social security base is 7,200 yuan, taking basic pension insurance as an example, with an individual payment proportion of 8%, the individual needs to pay 7,200×8% = 576 yuan per month. For medical insurance, with an individual payment proportion of 2%, the individual needs to pay 7,200×2% = 144 yuan per month. And for unemployment insurance, with an individual payment proportion of 0.5%, the individual needs to pay 7,200×0.5% = 36 yuan per month.
- If the social security base is 5,000 yuan, for basic pension insurance, the individual pays 5,000×8% = 400 yuan per month; for medical insurance, the individual pays 5,000×2% = 100 yuan per month; for unemployment insurance, the individual pays 5,000×0.5% = 25 yuan per month.
- For employers:
- When the base is 7,200 yuan, for basic pension insurance with an employer payment proportion of 16%, the employer needs to pay 7,200×16% = 1,152 yuan per month; for medical insurance with a payment proportion of 7%, the employer pays 7,200×7% = 504 yuan per month; for unemployment insurance with a payment proportion of 0.5%, the employer pays 7,200×0.5% = 36 yuan per month; for work - related injury insurance with a payment proportion of 0.88%, the employer pays 7,200×0.88% = 63.36 yuan per month; for maternity insurance with a payment proportion of 1%, the employer pays 7,200×1% = 72 yuan per month.
- When the base is 5,000 yuan, for basic pension insurance, the employer pays 5,000×16% = 800 yuan per month; for medical insurance, the employer pays 5,000×7% = 350 yuan per month; for unemployment insurance, the employer pays 5,000×0.5% = 25 yuan per month; for work - related injury insurance, the employer pays 5,000×0.88% = 44 yuan per month; for maternity insurance, the employer pays 5,000×1% = 50 yuan per month.
- Pension treatment after retirement:
- The pension calculation formula is more complex, but generally speaking, the higher the social security base, the more pension you can get after retirement. When the social security base is 7,200 yuan, the amount accumulated in the individual pension account will be more than that when the base is 5,000 yuan. For example, if the contribution period is 15 years, when the base is 7,200 yuan, the amount in the individual pension account after 15 years of contribution is 7,200×8%×12×15 = 103,680 yuan (only considering the individual contribution part). When the base is 5,000 yuan, the amount in the individual pension account is 5,000×8%×12×15 = 72,000 yuan. And the pension after retirement is related to the amount in the individual pension account. A larger amount in the account usually means a higher pension.
- Medical insurance personal account:
- When the social security base is 7,200 yuan, the amount transferred into the medical insurance personal account will be more. Usually, a part of the medical insurance payment will be transferred into the personal account. The higher the base, the more the amount transferred. For example, if 30% of the individual's medical insurance payment is transferred into the personal account, when the base is 7,200 yuan, the amount transferred into the personal account is 7,200×2%×30% = 43.2 yuan per month. When the base is 5,000 yuan, the amount transferred into the personal account is 5,000×2%×30% = 30 yuan per month.
In general, a social security base of 7,200 yuan means higher current payments but may bring more benefits in terms of pension and medical insurance personal account in the future compared to a base of 5,000 yuan. It is recommended that individuals choose the appropriate social security base according to their own economic situation and future expectations.
