What is the minimum individual contribution base for full social security in Hangzhou?

The social security contribution base in Hangzhou is calculated based on the average annual salary of on-the-job workers in Zhejiang Province in 2017: the average monthly salary (retaining two decimal places) is 61,099 yuan ÷ 12 months = 5,091.58 yuan per month. The minimum contribution base (retain two decimal places) is 5091.58 × 60% = 3054.95 yuan. The maximum contribution base (retain two decimal places) is 5091.58 × 300% = 15,274.74 yuan. The upper and lower limits of Hangzhou's social security base are clearly defined as follows: upper limit: 15,274.74 yuan; lower limit: 3,054.95 yuan.

Legal basis

The full text of the Social Insurance Law of the People's Republic of China*** and the State of China, Article 64 of the Social Insurance Fund includes the Basic Pension Insurance Fund, the Basic Medical Insurance Fund, the Industrial Injury Insurance Fund, the Unemployment Insurance Fund and the Maternity Insurance Fund. With the exception of the basic medical insurance fund and the maternity insurance fund, which are combined and accounted for in a single account, the other social insurance funds are accounted for separately according to the type of social insurance risk and are accounted for in separate accounts. The social insurance fund implements the State's unified accounting system. Social insurance funds are earmarked for specific purposes, and may not be appropriated or misappropriated by any organization or individual. The basic pension insurance fund to gradually implement national coordination, other social insurance funds to gradually implement the provincial level, the specific time and steps prescribed by the State Council.