In Jiangsu Suqian, the main differences between a social security base of 12,000 and 5,000 are as follows:
- Payment amount: With a social security base of 12,000, both the individual and the employer need to pay more social security fees. For example, in the case of pension insurance, if the contribution rate is 20% (for flexible employees), those with a base of 12,000 need to pay 12,000×20% = 2400 yuan per month, while those with a base of 5,000 only need to pay 5,000×20% = 1000 yuan per month.
- Pension benefits: In the long run, individuals with a higher social security base of 12,000 will likely receive higher pension benefits after retirement. This is because pension calculations are related to factors such as the social security base during the contribution period. A higher base means more contributions, which will result in a larger pension amount.
- Medical insurance benefits: The amount reimbursed for medical expenses may also be affected. A higher social security base may lead to a higher reimbursement ceiling or a larger reimbursement proportion in some cases, providing more comprehensive medical security for individuals.
In general, choosing a higher social security base like 12,000 means paying more in the present but can bring more substantial social security benefits in the future, while a lower base of 5,000 has lower current payment pressure but relatively fewer future benefits. It is recommended that individuals make choices based on their actual economic situation and long - term planning.