Job Recruitment Website - Social security inquiry - 20 19 how much does the social security individual pay?

20 19 how much does the social security individual pay?

The payment base of social security is determined according to the average salary of each region in the previous year. The minimum payment base is 60%, and the maximum payment base does not exceed 300%. For example, if the average wage in a certain area is 4,000 yuan, the minimum payment base standard of social security is 2,400 yuan, and the maximum payment base is12,000 yuan. Then the minimum monthly social security fee paid by employees is 264 yuan, and the maximum monthly social security fee paid by employees is 1320 yuan.

The amount of individual contributions will be adjusted according to relevant regulations. The specific adjustment range will be comprehensively considered according to factors such as the operation of social security funds and economic development. The purpose of the plan is to ensure the sustainability and fairness of the social security system. The adjustment of individual payment amount will be calculated according to factors such as individual wage income level and social security rate. In addition, the plan may also include some special preferential payment policies to ensure the social security rights of specific groups. Specific adjustment rules and payment calculation methods will be issued and explained by relevant departments. Individuals should pay close attention to relevant policy trends in a timely manner to ensure timely and full payment of personal social security fees to protect their social security rights and interests.

The employing unit shall timely register social insurance for employees and declare and pay social insurance premiums. If the registration is not completed, the social security agency shall verify the fees payable. If the employer fails to declare the fees payable according to the regulations, the social security agency will temporarily determine the amount payable according to 1 10% of the amount paid last month. For the units that did not pay the amount last month, the amount should be determined according to the operating conditions, the number of employees and the average salary of local employees in the previous year. After completing the declaration procedures, the employer shall make settlement according to the regulations. According to the adjustment plan of social security individual contributions in 2020, the amount of individual contributions will be adjusted according to relevant regulations to ensure the sustainability and fairness of the system. Individuals should pay attention to policy trends, pay personal social security fees in full and on time, and protect their social security rights and interests.

The employing unit shall timely declare social insurance registration for employees and pay social insurance premiums, otherwise it shall be punished and paid back in accordance with relevant regulations.

To sum up: the higher the salary, the more social security fees will be paid. Of course, the higher the payment, the more pensions you will receive after retirement.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 24

The payment base of social insurance premiums shall not be lower than 60% of the average monthly salary of local employees in the previous year, and shall not be higher than 300% of the average monthly salary of local employees in the previous year.