If your social security contribution base in Xinyu, Jiangxi is 7300 yuan, here's how much you and your employer may contribute and how much pension you may receive in the future:
- Monthly social security contribution amount:
- For employees in enterprises: The total contribution rate for basic endowment insurance is 24%, with the employer contributing 16% and the individual contributing 8%. Given a contribution base of 7300 yuan, the employer's monthly contribution for endowment insurance is yuan, and the individual's monthly contribution is ×16%=yuan. In addition to endowment insurance, there are also medical insurance, unemployment insurance, work - related injury insurance, and maternity insurance. The contribution rates for these insurances vary. For example, for medical insurance, if the employer's contribution rate is 7% and the individual's is 2%, the employer's contribution for medical insurance is ×8%=yuan, and the individual's contribution is ×7%=yuan. For unemployment insurance, if the employer's contribution rate is 1.5% and the individual's is 0.5%, the employer's contribution is ×2%=yuan, and the individual's contribution is ×1.5%=109.5yuan. Work - related injury insurance and maternity insurance are usually borne entirely by the employer. The contribution rate for work - related injury insurance may range from 0.1% - 2% depending on the industry risk level, and the contribution rate for maternity insurance is generally around 0.5%. Assuming a work - related injury insurance rate of 0.5% and a maternity insurance rate of 0.5%, the employer's contribution for work - related injury insurance is ×0.5%=36.5yuan, and for maternity insurance is ×0.5%=36.5yuan.×0.5%=36.5
- For flexible - employed individuals: The contribution rate for basic endowment insurance is 20%. So, the monthly contribution for endowment insurance is yuan. Among this, 12% (i.e., ×20%=yuan) is included in the overall planning fund of basic endowment insurance, and 8% (i.e., ×12%=yuan) is credited to the individual account.×8%=
- Estimated pension amount:
- Calculation formula: The pension for retirees in Xinyu = personal account pension + basic pension + transitional pension (only applicable to those with 视同缴费年限).
- Personal account pension: It is calculated as the cumulative balance of the personal account at the time of retirement divided by the 计发月数. Suppose you retire at the age of 60, and the 计发月数 is 139. If you contribute at a base of 7300 yuan for many years, and assume the annual interest rate of the personal account is 6% (for example), after 30 years of contribution, the balance in the personal account is calculated as follows: First, the annual contribution to the personal account is yuan. Using the formula for the future value of an ordinary annuity ×8%×=, where F=A×r(+r)n−yuan, A=, and r=6%months. After calculation, the balance in the personal account is approximately 500,000 yuan (the actual value may vary due to interest rate fluctuations and policy adjustments). Then the personal account pension is approximately n=×=yuan.≈
- Basic pension: The formula is . In 2024, the pension 计发基数 in Xinyu was 6916 yuan. If your contribution base of 7300 yuan remains unchanged for many years, and assume your cumulative contribution years are 30 years, and the personal average contribution index is calculated as eˋR◯¡a˚a˚ºæ°×(+personalaveragecontributionindex)/2×cumulativecontributionyears×1%(6397 yuan is the average monthly wage of all - caliber urban unit employees in Jiangxi in 2024). Then the basic pension is ≈1.14yuan.×(+1.14)/2××1%≈
- Transitional pension: For those without 视同缴费年限，this part is 0. For those with 视同缴费年限，it is calculated as . The 视同缴费 index and transitional coefficient vary according to different situations.eˋ§a˚c\c¼´eˋ´ææ°×eˋR◯¡a˚a˚ºæ°×eˋ§a˚c\c¼´eˋ´a˚´eˊ×transitionalcoefficient
- Total pension: The total pension is the sum of the personal account pension, basic pension, and transitional pension. In the above example, without considering the transitional pension, the total pension is approximately yuan. However, this is only an estimate, and the actual pension amount will be affected by many factors such as changes in the contribution base over the years, the actual interest rate of the personal account, and policy adjustments.+=
In general, the social security contribution amount and the future pension amount are affected by multiple factors. It is recommended to consult the local social security department for the most accurate information.