Job Recruitment Website - Social security inquiry - Can social security be higher than salary?

Can social security be higher than salary?

Legal analysis: Yes. The social security payment base is not equal to the total wages, but it is related to the total wages. The social insurance payment base, also known as the social insurance payment base, is the basis for the insured units and personnel to pay social insurance premiums. Social insurance payment base × payment ratio = social insurance premium payable. Total wages refer to the total amount of labor remuneration paid directly by each unit to all employees of the unit within a certain period of time. The total salary consists of six parts: hourly salary; Piece rate; Bonus; Allowances and subsidies; Overtime pay; Wages paid under special circumstances, etc. In the relationship between social security payment and total wages, social security should be paid according to the actual income of employees. If the wages of employees are lower than 60% of the local social average wage, they shall be paid at 60% of the social average wage, and if they are higher than 300%, they shall be paid at 300% of the social average wage. In between, we should compare whether the average social wage is lower or higher than 60% or 300% of the average social wage. if

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Article 4 Employers and individuals in People's Republic of China (PRC) shall 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.

Tenth employees should participate in the basic old-age insurance, the basic old-age insurance premiums paid by the employer and employees.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium.

The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.