The payment standard of endowment insurance for employees in Inner Mongolia is calculated and paid according to the proportion of wage base. According to relevant laws and policy documents, enterprises, institutions and individual industrial and commercial households pay different social insurance contributions. Specifically, enterprises and institutions should pay the rate of 16% (including 14% by employers and 2% by individuals), and individual industrial and commercial households should pay the rate of 20% (including 10% by individual industrial and commercial households and 10% by state subsidies). In addition, the upper limit of the payment base is three times the average monthly salary of local employees in the previous year. For high-income people, their contributions have also increased. It should be noted that the payment standard of employee pension insurance is closely related to the salary of employees, and it will be adjusted accordingly every year according to the salary situation. At the same time, Inner Mongolia has also implemented some preferential policies, such as reducing the payment ratio of early retirees at retirement age.
Is there a relationship between the payment standard of employee pension insurance and personal payment habits? The payment standard of employee pension insurance is related to personal payment habits. According to the relevant regulations, employees' social security contributions are shared by both employers and employees, and employees pay part of them individually. The specific proportion shall be formulated and published by the local government and the social security management department, and shall be implemented in accordance with relevant regulations.
The payment standard of old-age insurance for employees in Inner Mongolia is calculated and paid according to the proportion of salary base, and the social security expenses are shared by employees and employers. The upper limit of the payment base is 3 times of the average monthly salary of local employees in the previous year, and it is adjusted accordingly every year according to the salary situation. At the same time, Inner Mongolia has also implemented some preferential policies, such as reducing the payment ratio of early retirees at retirement age.
Legal basis:
"Social Insurance Law of People's Republic of China (PRC)" Article 24 Individuals and employers pay fees, and all insurance benefits are paid by pooling funds and individual accounts.