How many times a year does social security pay? What is the payment base?

How many times a year does social security pay?

The number of social security payments in a year depends on the actual participation.

In the first case, the social security paid by the company is generally paid monthly. Therefore, in the case of normal employment, employees do not leave their jobs for one year, and social security needs to be paid 12 times a year; If the relationship is terminated midway, it can be calculated according to the actual payment time. Every month you break off the relationship, you pay less social security.

In the second case, when self-employed and flexible employees pay social security, they usually pay it annually. Therefore, in this case, social security is paid once a year, and this way of paying social security is mostly paid in advance, that is, the social security paid this year is the social security fee for the next year.

What is the base of social security payment?

The base of unit payment in social security payment is generally between 60% and 300% of the local average social wage in the previous year. The minimum payment base shall not be lower than the minimum 60% of the average social wage in the previous year, and the maximum payment base shall not be higher than the minimum 300% of the average social wage in the previous year. Insured units account for 3 1% of the total payment, and individuals account for 1 1% of the total payment.

In social security payment, the payment base of individual flexible employment insurance is 60%-200% of the local average social wage in the previous year. The minimum payment base is the same as the unit insurance, and the maximum payment base is not as much as the unit insurance. Moreover, the employee company will bear a large part of the expenses, and the individual only needs to bear a small part of the expenses, while the individual flexible employment insurance needs to bear all the expenses.