Wuxi social security base in 2023

In 2023, the minimum wage base of social security contributions in the province will be temporarily implemented at 4494 yuan, and the upper wage base will be temporarily implemented at 24042 yuan.

According to the provisional standards for the upper and lower limits of the social security payment wage base in 2023 jointly issued by the Provincial Department of Human Resources and Social Security, the Provincial Department of Finance, the Provincial Health Insurance Bureau and the Provincial Taxation Bureau, it is clear that the lower limit of the social security payment wage base in the province will be temporarily implemented at 4,494 yuan from 2023 to 1 year, and the upper limit of the payment wage base will be temporarily implemented at 24,042 yuan.

Related: What do you mean by the upper and lower limits of the payment wage base?

According to the unified regulations of the state, the upper and lower limits of the payment wage base were determined according to 300% and 60% of the average wage of all-caliber urban workers in the province last year.

Individual employees take their monthly average wage income as the base of payment wage, and if their monthly average wage income is higher than the upper limit standard of current payment wage base announced by the province, the upper limit standard shall be taken as the base of payment wage; Below the lower limit standard, according to the lower limit standard as the base of payment of wages.

Flexible employment personnel can choose the appropriate grade of payment wage base between the upper and lower limit standards of the current payment wage base announced by the province.

It is the unified policy of the national endowment insurance system to set the upper and lower limits of the base of payment wages and increase them year by year in synchronization with the average wage of employees in urban units in the whole province last year. The purpose is to ensure that the insured will have a reasonable minimum and maximum level of basic pension when they retire in the future, so that the basic pension level will not be insufficient to guarantee the basic life because of the low base of payment salary, nor will it be too different because of the high base of payment salary. Moreover, the adjustment of the upper and lower standards of the payment wage base does not affect all insured persons, and the adjustment of the upper and lower standards will not directly affect the insured persons whose wages are within the upper and lower standards of the payment wage.