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What is the base standard of social security payment for individual industrial and commercial households?
Legal basis: People's Republic of China (PRC) Social Insurance Law.
Article 10 Paragraph 2 Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees may participate in the basic old-age insurance, and individuals shall pay the basic old-age insurance premium.
Article 23 (2) Individual industrial and commercial households without employees, part-time employees who have not participated in the basic medical insurance for employees of the employing unit and other flexible employees may participate in the basic medical insurance for employees, and individuals shall pay the basic medical insurance premium in accordance with state regulations.
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