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The difference between social security first gear and second gear
The difference between the first grade and the second grade of social security is that the social security payment grade is divided into four grades: the lowest grade (40%), the first grade (60%), the second grade (80%) and the third grade (100%). The first file is paid according to 60% of the average wage payment base of last year, and the second file is paid according to 80% of the average wage payment base of last year.
Legal basis:
Article 64 of the Social Insurance Law of People's Republic of China (PRC) includes basic old-age insurance fund, basic medical insurance fund, industrial injury insurance fund, unemployment insurance fund and maternity insurance fund. All social insurance funds shall be accounted for according to the types of social insurance, and a unified national accounting system shall be implemented. The social insurance fund is earmarked for special purposes, and no organization or individual may occupy or misappropriate it. The basic old-age insurance fund will gradually implement national overall planning, and other social insurance funds will gradually implement provincial overall planning. The specific time and steps shall be stipulated by the State Council.
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