Social security contribution base

The social insurance base, referred to as the social insurance base, is the base of social insurance contributions made by an employee in a social insurance year. It is determined on the basis of the monthly average of all wage income earned by employees from January to December of the previous year. The social insurance contribution base is an important basis for calculating the social insurance premiums paid by the employer and its employees and the social insurance benefits of the employees, and there is an upper limit and a lower limit, and the specific amount depends on the actual situation in each region.