In Jiangsu Huaian, if the social security base is 17,600 yuan, the amount of social security benefits you can receive is calculated based on multiple factors. Here's a breakdown:
- Pension calculation:
- Basic pension: The formula is . Suppose the pension calculation base in Huaian is Basic Pension=Pension Calculation Base×(+Average Contribution Index)÷×Contribution Years×1%yuan (for example, in 2023, it was 8613 yuan, but this may change over time), and if your average contribution index is X(assuming a certain value based on your contribution situation), and your contribution years is Yyears. For example, if Z, X=(for simplicity), and Y=years, then the basic pension would be Z=yuan. But with a contribution base of 17,600 yuan, your average contribution index is likely to be relatively high, which would increase this amount.×(+)÷××1%=2583.9
- Individual account pension: The formula is . The total amount in the individual pension account is accumulated through your own contributions over the years. With a high contribution base of 17,600 yuan, more money is deposited into your individual account each month. For example, if you retire at 60 years old (payout months are 139), and assume the total amount in your individual account reaches LaTex erroryuan due to the high contribution base, then the individual account pension is Ayuan.A÷
- Medical insurance:
- Personal account allocation: For medical insurance, a certain percentage of the contribution base is allocated to the personal account. The unit contribution rate is 8% and the personal contribution rate is 2%. So, the amount allocated to your personal account each month is . This money in the personal account can be used for medical expenses such as seeing a doctor and buying medicine in designated medical institutions.×(2%+acertain percentage from the unit′s contribution)
- Unemployment insurance:
- The unit contribution rate is 0.7% and the personal contribution rate is 0.3%. Although the amount of unemployment insurance benefits is not directly proportional to the contribution base in a simple way, a higher contribution base means more contributions in total. When you meet the conditions for receiving unemployment insurance benefits, the amount and duration of benefits are determined by relevant regulations, and the contribution situation is one of the influencing factors.
- Work-related injury insurance and maternity insurance:
- For work-related injury insurance (unit contribution rate ranges from 0.5% - 1.6% depending on the industry, and personal does not contribute) and maternity insurance (unit contribution rate is 0.9%, and personal does not contribute), these insurances provide corresponding protection. For example, in case of work-related injuries, the compensation amount is related to factors such as the severity of the injury and the contribution base (in some cases, it is calculated based on the average monthly wage of the insured in the previous year, which is related to the contribution base). For maternity insurance, it provides support during maternity leave, and the specific benefits are also related to local policies and contribution situations.
In general, with a social security base of 17,600 yuan in Huaian, you can expect relatively higher social security benefits in terms of pension, medical insurance personal account allocation, and potential benefits from other insurances compared to a lower contribution base. However, the specific amount still needs to be accurately calculated based on your actual contribution years, average contribution index, and other individual factors, as well as local policy adjustments.