What do you mean by the annual contribution base of social security?

The meaning of social security payment base is as follows:

1. The payment base of social security refers to the wage base used by enterprises or employees to calculate and pay social insurance premiums. This base is multiplied by the prescribed rate, which is the amount of social insurance premiums that enterprises or individuals should pay;

2, around the social security payment base and the local average wage data. It is determined according to the average monthly wage income of employees from June 1 day to February 1 day in the previous year. Once a year, it will not change within one year after confirmation. The time to apply for adjusting the social security base is generally in July;

3 enterprises generally take the total wages of enterprise employees as the payment base, and individual employees pay social insurance premiums according to half of their average monthly wages in the previous year. In China, the payment base is approved by the social insurance agency according to the employer's declaration.

Items included in the social security card:

1, basic old-age insurance; In order to support the elderly, workers can receive pensions when they reach the legal retirement age;

2. Basic medical insurance; Illness is used for medical reimbursement;

3. Work injury insurance; Is an employee injured at work, paying medical expenses or compensating for related work-related injuries;

4. Unemployment insurance; After the employee loses his job, he receives living expenses;

5. Maternity insurance; It is a kind of maternity reimbursement and related treatment for employees.

To sum up, the social security payment base, also known as the social insurance payment base, is the basis for insured units and insured persons to pay social insurance premiums.

Legal basis:

Article 60 of People's Republic of China (PRC) Social Insurance Law

The employing unit shall declare itself and pay social insurance premiums in full and on time, and shall not postpone or reduce the payment except for legal reasons such as force majeure. The social insurance premiums that employees should pay shall be withheld and remitted by the employer, and the employer shall inform me of the details of paying social insurance premiums on a monthly basis.

Individual industrial and commercial households without employees, part-time employees who have not participated in social insurance in the employing units and other flexible employees can pay social insurance premiums directly to the social insurance premium collection agencies.

Article 61

Social insurance premium collection agencies shall collect social insurance premiums in full and on time according to law, and regularly inform employers and individuals of the payment.