Minimum standards for companies to purchase social insurance

Legal analysis: there is no uniform minimum standard for companies to pay social security to employees. It is paid according to the salary of the employees. It is 60% of the average wage of local cooperatives. How much social security needs to be paid each month is determined according to the base of insurance payment. Units bear 20% of the endowment insurance, and individuals bear 8% of the endowment insurance. There are generally many grades of payment bases in various places, with a lower limit and a highest limit. The base is selected according to the actual situation. But the minimum cannot be lower than the lower limit.

Legal basis: Article 4 of the Social Insurance Law of People's Republic of China (PRC) * * * Employers and individuals in People's Republic of China (PRC) pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights and interests records, and ask social insurance agencies to provide social insurance consultation and other related services. Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.