Low-income workers in Chongqing pay a significant reduction

The minimum number of personal identification can choose 40% Payment base, buy endowment insurance costs will be reduced Liu (reporter Liu) from 1st next month, the city's low-income workers to buy social security threshold will be lower!　　Yesterday, the city council released the news: Municipal Bureau of Social Affairs, municipal Bureau of Finance, the city has issued a joint "on the adjustment of the lower base of social insurance contributions of urban workers notice" provisions, starting from January 1, 2011, the lower limit of the monthly contribution of low-income workers from the current implementation of the annual average wage of the city workers 60% down to 40%. The endowment insurance expense will reduce the notice stipulation, last year my monthly average wage is lower than the city worker monthly average wage 40% of low income person, may according to 40% to approve the payment base; last year my monthly average salary is higher than the whole city worker average wage 40%, under the payment base limit,　　According to my last annual actual monthly salary approved payment base. What is the impact on low-income people after the reduction of the payment base?　　To go to work in the city as an example, Xiao Wang's monthly salary for 800 yuan last year, then this year he needs to pay the endowment insurance for 123.92 Yuan [2580 Yuan (2009 City workers monthly average wage) x8%x60%].　　Assuming that the average monthly wages of the city employees are unchanged, with the next year, the threshold of payment base lower, Xiao Wang only pay endowment insurance 82.56 yuan per month (2580 Yuan x8%x40%), compared to pay less than 40 yuan per month.　　If real wages increase, as the payment base is lowered, the low-income people in our city will save more money each month when they buy social security. The next month, 20th before the declaration can be declared notice also stipulates that employees in the insurance, must be in accordance with the actual level of monthly wages to pay the base.　　In order to prevent some enterprises by concealing the income of workers, evade or pay less social security payments, the Labor Department will increase monitoring efforts, but also welcome the public to report. In addition, if the residents are insured in their personal capacity, the insured payment base can be selected 40% ——— 100%. According to the Social Security Fund principle of "pay more and pay more", the current payment is less and the level of treatment after retirement will be reduced. According to their actual choice of payment base, the next month 20th before the local Social Security department to declare.