A Study On The Base Number Of Employee’s Endowment Insurance

The contribution base is one of the core parameters of the pension fund income of the staff and workers.On August 26,2022,the White Paper on Social Security for Chinese Enterprises 2022,released at the 10 th China Business Social Security Summit Forum,revealed the status quo of the development of social security for Chinese enterprises-2022,only 28.4 per cent of companies achieved full compliance with the Social Security 2021,a further 1.5 percentage points lower than the previous year,and the corporate social security compliance figures have fallen slightly for the second year in a row.This is bound to have an important impact on the staff pension fund sustainability.Taking H county as an example,this paper draws the pension insurance payment base data and individual income tax salary and salary data of some employers,through the H county Employees Pension Insurance Payment Collection Department to obtain employers self-reported employee pension insurance payment data and personal income tax wages,salary data for comparison,H county around the project construction class,real estate class,wholesale and retail class,manufacturing class,service class five types of enterprise analysis.This paper analyzes the income scale of endowment insurance payment,the status of endowment insurance payment,individual income tax salary and salary withholding of employees in H county,and compares the differences between them,and through simulation calculation,analysis in the actual payment base base,if we want to maintain the fund income does not reduce,whether there is room to reduce the rate of payment? What will be the impact of the reduction of the fee rate on the actual fee burden of different types of enterprises?The findings of this study are as follows:(1)In general,most of the enterprises in H county have the phenomenon of inconsistency between self-reported pension insurance contribution base and reported individual income tax salary and salary,and the number of workers who fill in the old-age insurance is far less than the number of withholding tax.The total income of the fund calculated by actuarial simulation is 146% less than the total income of the fund calculated by individual income tax salary and salary income.Through in-depth interviews,it was found that enterprises would directly ignore the actual wages paid to individual employees,and directly according to the base of employee endowment insurance contributions 3800 Yuan and 14% of the contribution rate for employees to pay contributions to employee endowment insurance,and individual workers generally in order to obtain more hand wages and choose to accept the practice of enterprises,resulting in low payment base.(2)The basic data is based on the endowment insurance contribution base that the enterprise fills in by itself and the individual income tax salary,salary data that fills in by itself,carry on the actuarial simulation of fund income change,the actual contribution rate of different industries,the whole industry actual contribution rate of actuarial simulation.Through the change of fund income,we can draw a conclusion that the total income of endowment insurance contribution fund is 1.46 times more than that of self-declaration.Through the actuarial simulation of the actual payment rate by industry,it is found that only the real payment rate of the state-owned enterprises is consistent with the reported payment rate,the other 5 categories of industry compared to the actual rate of payment reported rates have varying degrees of decline.Through the actuarial simulation of the actual contribution rate of the whole industry,the actual contribution rate of the six industries as a whole is calculated to be 9%.In other words,there is still 11% of the fee rate adjustment space.(3)Through in-depth interviews with the staff of H county’s tax department in charge of the collection and management of employees’ endowment insurance contributions,relevant enterprises and employees of enterprises,the causes of the false payment base include "Heavy burden on the employer to pay,low payment compliance","Low income level of the staff and workers,low payment awareness","Limited collection and payment,insufficient punishment for enterprises not paying fees truthfully","Insufficient collection and management","The amount of payment in dispute",and so on.In order to make the real endowment insurance contribution base and promote the healthy and stable growth of the employees’ endowment insurance fund income,this paper suggests that,first,make the real endowment insurance contribution base,to supervise and urge employers to calculate and pay employees’ endowment insurance contributions based on the data of individual income tax salary and salary.Second,appropriately reduce the contribution rate to formulate a regional enterprise employee endowment insurance contribution rate and a reasonable contribution base and proportion of contributions.Third,to further clarify the collection department management responsibilities.Fourth,to enhance the enterprises and workers to pay the staff pension insurance contributions to the true sense of identity.