Calculation formula and method of social security

What you want to ask is "the formula and method for calculating the amount of social security contributions"? The calculation method of this formula is as follows:

1. Calculation method of social insurance premium paid by enterprises for employees: The calculation formula of the amount of social insurance premium paid by enterprises for employees is as follows: the part paid by enterprises is equal to the employee's salary base multiplied by the social insurance contribution ratio of the unit, in which the employee's salary base is usually determined according to the local average social wage in the previous year, and the upper and lower limits are set (for example, 60% to 300% of the average social wage), and different cities and regions may have different regulations.

The proportion of social security contributions is in line with national and local policies. Endowment insurance: enterprises generally bear 20%, and individuals bear 8%. Medical insurance: enterprises generally bear about 6% to 12%, and individuals bear about 2%. Unemployment insurance: 2% for enterprises and 1% for individuals. Work-related injury insurance: the enterprise shall bear the full amount, and the proportion is about 1 to about 2%. Maternity insurance: Generally, it is fully borne by enterprises, and the specific proportion varies from place to place.

2. Calculation method of individual retirement pension: retirement pension is mainly composed of basic pension and personal account pension: basic pension is equal to (the average monthly salary of employees in the province or city where they are located last year plus the average monthly payment salary) divided by 2 times the percentage of payment years (for example, 15 or more, according to a certain proportion, the regulations vary from place to place). Personal account pension is equal to the amount stored in personal account divided by the number of payment months, which is related to retirement age.