In Zhejiang Ningbo, the main differences between a social security base of 9900 and 5000 are as follows:
- Payment amount:
- For employees: When the social security base is 9900, both the individual and the unit pay more. For example, in basic pension insurance, if the unit contribution rate is 14% and the individual contribution rate is 8%, with a base of 9900, the unit pays yuan per month, and the individual pays ×14%=yuan per month. When the base is 5000, the unit pays ×8%=yuan per month, and the individual pays ×14%=yuan per month.×8%=
- For flexible - employed people: Taking basic pension insurance as an example, if the contribution rate is 20%, when the base is 9900, the monthly payment is yuan; when the base is 5000, the monthly payment is ×20%=yuan.×20%=
- Future pension treatment:
- Generally, the higher the social security payment base, the more pension you will receive in the future. Since the pension calculation is related to factors such as the average contribution index. With a social security base of 9900, the contribution index is relatively high. Assuming other conditions remain the same, in the pension calculation formula, factors such as the average contribution index will be more favorable, resulting in a higher pension amount than when the base is 5000.
- Medical insurance treatment:
- Although the reimbursement ratio of medical insurance is mainly determined by policies, in some cases, the upper limit of medical insurance reimbursement may be related to the payment base. A higher payment base of 9900 may potentially mean a higher upper limit of reimbursement in some medical insurance benefits compared to a base of 5000, providing more comprehensive medical security.
In general, a social security base of 9900 means higher current payments but may bring more generous future social security benefits compared to a base of 5000. When choosing a social security base, individuals need to comprehensively consider their current economic situation and long - term security needs.