In Zhejiang Jiaxing, the main differences between the social security base of 17,700 yuan and 5,000 yuan are as follows:
- Payment amount:
- Employee contribution: The contribution amount is calculated based on the social security base and the contribution ratio. For example, in pension insurance, if the personal contribution ratio is 8%, when the social security base is 17,700 yuan, the personal monthly contribution is 17,700×8% = 1,416 yuan; when the base is 5,000 yuan, the personal monthly contribution is 5,000×8% = 400 yuan.
- Employer contribution: Similarly, the employer's contribution amount also varies significantly. Taking pension insurance as an example, if the employer's contribution ratio is 15%, when the base is 17,700 yuan, the employer's monthly contribution is 17,700×15% = 2,655 yuan; when the base is 5,000 yuan, the employer's monthly contribution is 5,000×15% = 750 yuan.
- Pension benefits:
- Generally, the higher the social security base during the payment period, the more pension benefits will be obtained after retirement. Since the pension calculation is related to factors such as the average contribution index and the cumulative contribution period, a higher social security base of 17,700 yuan will make the average contribution index higher, resulting in a relatively higher pension amount after retirement compared to a base of 5,000 yuan.
- Medical insurance benefits:
- Account allocation: In medical insurance, the amount allocated to the personal medical account is also related to the social security base. A higher base means more funds are allocated to the personal medical account, which can be used for medical expenses such as seeing a doctor and purchasing medicine in the hospital. For example, if the allocation ratio is 2%, when the base is 17,700 yuan, the monthly allocation to the personal account is 17,700×2% = 354 yuan; when the base is 5,000 yuan, the allocation is 5,000×2% = 100 yuan.
- Reimbursement ceiling: In some cases, the medical expense reimbursement ceiling may also be related to the social security base. A higher base may correspond to a higher reimbursement ceiling, providing more protection for employees in case of serious illness.
In conclusion, the choice of social security base in Jiaxing, Zhejiang, directly affects the payment amount of employees and employers, as well as future pension and medical insurance benefits. When choosing a social security base, individuals and employers should comprehensively consider factors such as economic strength and future security needs.