The base of social security contributions for employees in Sichuan province in 2021

Sichuan pension insurance in 2021: In 2021, the upper limit of the basic pension insurance contribution base for employees in the province is 18,630 yuan/month, the lower limit of the basic pension insurance contribution base for enterprise employees is 3,416 yuan/month, and the lower limit of the basic pension insurance contribution base for institutional staff is 3,726 yuan/month.

Employee pension insurance is a social insurance system established by the state in accordance with relevant laws and regulations to address the basic livelihood of workers after they reach the working age limit set by the state for the termination of their labor obligations or withdraw from the workforce due to incapacity for work in old age, with the aim of using social insurance as a means of safeguarding the basic needs of the elderly and providing them with a stable and reliable source of livelihood

This is the first time that a social insurance system has been set up in China. p>