The differences between the social security base of 12,900 yuan and 5,000 yuan in Huzhou, Zhejiang mainly lie in the following aspects:
- Payment amount: The higher the social security base, the more the payment amount. With a base of 12,900 yuan, both the employer and the employee need to pay more social security contributions. For example, for basic pension insurance, if the contribution rate is 20% (16% paid by the employer and 4% paid by the employee), when the base is 12,900 yuan, the monthly pension insurance payment by the employer is 12,900×16% = 2064 yuan, and the employee pays 12,900×4% = 516 yuan. When the base is 5,000 yuan, the employer pays 5,000×16% = 800 yuan, and the employee pays 5,000×4% = 200 yuan.
- Pension treatment: The social security base has a significant impact on pension treatment. A higher payment base usually leads to a higher pension level in the future. Because pension calculation is related to factors such as the average payment index during the working period. A higher base means a higher average payment index, so the calculated basic pension and personal account pension will be relatively higher.
- Treatment of other insurances: In addition to pension insurance, it also affects other insurances. For example, in medical insurance, the upper limit of reimbursement may be different. With a higher base, the amount of medical insurance funds paid is more, and in some cases, the upper limit of medical expense reimbursement may be higher, which can provide more comprehensive medical security. For work-related injury insurance, unemployment insurance, and maternity insurance, the benefits are also related to the social security base to varying degrees. For instance, the calculation of unemployment benefits may be affected by the base, and a higher base may result in relatively higher unemployment benefits.
In general, choosing a higher social security base means paying more contributions during the working period, but it also brings higher social security benefits in the future, including a higher pension and better medical and other insurance treatment. When choosing a social security base, individuals and employers need to comprehensively consider their own economic conditions and long-term interests.
