In Quzhou, Zhejiang, the main differences between the social security base of 19,200 yuan and 5,000 yuan are as follows:
- Payment amount: Since the social security payment amount = social security base × payment ratio, for the same insured person, when the social security base is 19,200 yuan, the monthly social security payment amount is much higher than when the base is 5,000 yuan. For example, in the case of pension insurance, if the enterprise contribution ratio is 16% and the individual contribution ratio is 8%, when the base is 19,200 yuan, the enterprise monthly contribution is 19,200×16% = 3,072 yuan, and the individual monthly contribution is 19,200×8% = 1,536 yuan; when the base is 5,000 yuan, the enterprise monthly contribution is 5,000×16% = 800 yuan, and the individual monthly contribution is 5,000×8% = 400 yuan.
- Pension benefits: The pension calculation is related to the social security payment base. Generally speaking, the higher the payment base, the more years of payment, and the higher the pension received after retirement. If the social security base is 19,200 yuan for a long time, the accumulated pension account balance will be much higher than that when the base is 5,000 yuan. After retirement, the pension amount calculated based on factors such as the personal account pension and the basic pension will also be higher.
- Medical insurance treatment: Although the reimbursement ratio of medical insurance is not directly related to the payment base, in some cases, the higher the payment base, the more the personal account funds of medical insurance. For example, in Quzhou, part of the medical insurance premiums paid by individuals and enterprises will be transferred to the personal medical insurance account for the insured to use for outpatient medical treatment, purchase of medicines, etc. When the social security base is 19,200 yuan, the amount transferred to the personal medical insurance account will be more than when the base is 5,000 yuan, which means more funds available for personal medical expenses.
In general, a higher social security base in Quzhou, Zhejiang, such as 19,200 yuan, means higher current payment amounts, but also higher potential pension benefits and more personal medical insurance account funds in the future compared to a lower base of 5,000 yuan. When choosing a social security base, individuals and enterprises need to comprehensively consider their economic situation and long - term interests.
