In Jiangxi Jiujiang, the differences between the social security base of 12,300 yuan and 5,000 yuan are as follows:
- Payment amount: The social security payment amount is calculated based on the social security base and the corresponding payment ratio. For example, in terms of pension insurance, if the individual payment ratio is 8%, when the base is 12,300 yuan, the individual monthly pension insurance payment is yuan; when the base is 5,000 yuan, the individual monthly pension insurance payment is ×8%=yuan. The higher the base, the more the individual and the unit need to pay for each social security item.×8%=
- Pension treatment: Pension calculation is related to the social security payment base. The higher the payment base, the higher the individual account balance will be accumulated during the payment period. When calculating the pension, the basic pension part and the individual account pension part will be affected. Generally speaking, a higher payment base will result in a higher pension amount received after retirement. For instance, if other conditions are the same, a person with a payment base of 12,300 yuan is likely to receive a significantly higher pension than a person with a payment base of 5,000 yuan after retirement.
- Medical insurance benefits: In medical insurance, although the reimbursement ratio may not be directly determined by the payment base, in some cases, the amount of medical insurance reimbursement may be related to the account balance. A higher payment base means more funds are paid into the medical insurance account, which may bring some differences in aspects such as the use of personal account funds and the upper limit of reimbursement in some areas.
In general, choosing a higher social security base like 12,300 yuan means paying more social security fees during the working period, but it also has the potential to bring more generous social security benefits such as higher pensions and better medical insurance treatment in the future. However, individuals should also consider their own economic affordability when choosing the social security base.