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How much is the minimum payment for insurance in Ningbo?
Ningbo’s minimum social security base:
1. The payment base for migrant worker unemployment insurance in Ningbo will be adjusted from 1,470 yuan to 1,650 yuan, and the unit payment will be increased from the original monthly Adjusted from 29.4 yuan to 33 yuan per month.
2. For those participating in low-standard pension insurance in the administrative area of ??Ningbo City, if the original payment base is determined according to the minimum wage standard or the original payment base is lower than 1,650 yuan, it will be adjusted to 1,650 yuan. Insured persons (including individual industrial and commercial households without employees) should pay an additional 32.4 yuan on the basis of the original payment amount.
3. For those who participate in the social insurance and pension insurance for migrant workers in the administrative area of ??Ningbo City, if the original payment base of the insured person is less than 1,650 yuan, it will be adjusted to 1,650 yuan.
Extended reading: How to buy insurance, which one is better, and step-by-step instructions to avoid these "pitfalls" of insurance
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