If 10,000 women were to contribute to pension insurance, 9,700 would live to retirement.
If 10,000 men contribute to pension insurance, 8,717 will live to retirement.
To give you an analysis, it is cost-effective to participate in the pension for the following reasons:
1. Judging from the development of our country in recent years, the pension will not be lowered, and there is a big difference between saving money for the pension and pension.
2. If people die before they reach retirement age, the money in the pension account can still be distributed to their families as an inheritance.
3. Those who pay endowment insurance will also receive a funeral subsidy and testamentary pension after death, which is cost-effective no matter how to calculate and pay endowment insurance.
Here are the benefits of pensions:
1. Guarantee the life of the elderly: The pension system can provide a stable and reliable life for the elderly, ensure their basic living needs, and help improve the quality of life of the elderly.
2. Reduce the burden on the family: Through the establishment of a pension system, the financial burden of children can be reduced, so that the elderly can live independently and maintain economic independence.
3. Promote social equity: The pension system is an effective way to achieve income redistribution within the whole society, which helps to narrow the gap between the rich and the poor and promote social equity.
4. Increase the awareness of savings: The compulsory savings mechanism of the pension system can prompt individuals to make good reserves for the future pension and improve their awareness of savings.
5. Reduce the burden of enterprises: Enterprises pay pension insurance fees for employees, which can reduce the economic burden of enterprises and improve the economic benefits of enterprises.
6. Improve the quality of the labor force: The pension system can ensure the reproduction of the labor force, promote the normal intergenerational replacement of the labor force, and improve the quality of the labor force.
7. Promote economic development: The pension system can stimulate the enthusiasm of workers and promote economic development.
To sum up, the pension system is of great significance in ensuring the life of the elderly, reducing the burden on families, promoting social equity, increasing the awareness of savings, reducing the burden on enterprises, improving the quality of the labor force and promoting economic development. For 60-year-olds, if they make up the pension insurance according to different grades, the pension they can receive each month will be different. As populations age and life expectancy increases, many countries are likely to raise the statutory retirement age and adjust the conditions for receiving pensions, such as pension formulas, individual contribution rates and pension payment methods. These changes aim to ensure the sustainability and fairness of the pension system in response to the changing economic and social environment.
February** Dynamic Incentive Program
Legal basis]:
Social Insurance Law of the People's Republic of China
Article 10. Employees shall participate in the basic endowment insurance, and the employer and the employee shall jointly pay the basic endowment insurance premiums. Individually-owned businesses without employees, part-time employees who have not participated in the basic pension insurance at the employer, and other flexibly employed persons may participate in the basic pension insurance, and the basic pension insurance premiums shall be paid by the individual. The method of pension insurance for civil servants and staff managed with reference to the Civil Servants Law shall be prescribed by ***.