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What are the bases of several grades of social security in Wuhan?
In 2023, the new social security policy in Wuhan adjusted the upper and lower limits of the payment base, which will be adjusted every year according to the average social wage of the previous year, so the range of the payment base is different every year.
The payment of social insurance premiums is also calculated according to a fixed proportion. Employees with five insurances should bear 0.3% unemployment insurance, 7 yuan's critical illness insurance, 2% medical insurance and 8% old-age insurance. The employer undertakes 0.7% maternity insurance, 0. 1% work injury insurance, 0.7% unemployment insurance, 8% medical insurance and 16% old-age insurance.
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