There are many reasons for the low retirement wages of employees, and the following is a detailed analysis of these reasons:
First of all, the contribution base and the number of years of contribution are important factors that affect retirement salary. The payment base is the basis for individuals to pay pension insurance premiums, and the payment period determines the length of time for individuals to pay pension insurance premiums. If an individual's contribution base is low, or the contribution period is short, it will lead to a low retirement salary. This is because the income of endowment insurance is mainly due to the endowment insurance premiums paid by individuals and enterprises, and the insufficient payment base and payment period will lead to a decrease in the income of endowment insurance, which will affect the payment of retirement wages.
Secondly, the enterprise annuity is also a factor that affects retirement salary. Enterprise annuity is a supplement to the basic pension insurance, which can improve the pension level of employees after retirement. However, at present, many enterprises have not established an enterprise annuity system for employees, or have established but have a low contribution ratio, resulting in a limited role of enterprise annuity in supplementing retirement wages after retirement.
Third, economic factors are also one of the important reasons affecting retirement salary. With the rapid development of economic globalization and market economy, the fiercely competitive market environment has led to the compression of corporate profits, which directly affects the amount of enterprises to pay to pension insurance. On the other hand, due to the pursuit of profit by enterprises under the modern enterprise system, enterprises often use more funds to expand reproduction or investment, resulting in insufficient payment of employee pension insurance premiums.
In addition, some enterprises and individuals may have violated the laws and regulations of pension insurance, such as failing to pay pension insurance premiums on time, underreporting and omitting pension insurance premiums, etc. These actions will lead to a decrease in the income of pension insurance**, which will affect the payment of retirement wages.
To sum up, the reasons for the low retirement wages of employees mainly include insufficient payment base and payment period, imperfect enterprise annuity system, economic factors, and violations of pension insurance laws and regulations by enterprises and individuals. In order to improve the level of retirement wages of employees, it is necessary to start from many aspects, such as increasing the individual payment base and payment period, establishing a sound enterprise annuity system, and strengthening the publicity and law enforcement of pension insurance laws and regulations. At the same time, the society should also strengthen the supervision and management of the pension insurance system, ensure that the income and expenditure of the pension insurance are legal and compliant, and protect the legitimate rights and interests of employees.