Payment base of social security provident fund

Social insurance base, referred to as social insurance base, refers to the social insurance payment base of employees in a social security year.

There is no specific value for the payment base of social security accumulation fund, which may be different for everyone. The payment base is the average monthly salary of employees in the previous year. In the second month of the new employee's work, my monthly salary is the deposit base; The employees newly transferred to the unit shall pay their wages from the date of transfer to the unit, with their monthly salary as the deposit base. In the annual adjustment, the average monthly salary of employees in the previous year is based on the deposit base, and the wages of employees are calculated according to the provisions of the National Bureau of Statistics.

How to determine the payment base?

Social security contribution = base × proportion, in which the determination of base should distinguish between new employees and old employees.

1. New employees: the payment base is the salary of the month when they join the company.

The Interim Measures for the Management of Individual Accounts of Basic Endowment Insurance for Enterprise Employees issued by the General Office of the Ministry of Labor clearly stipulates that the salary of new employees in the starting month is the base of payment, and the salary of employees who are re-employed after unemployment is also the base of payment in that year.

2. Old employees: In the notice of national base adjustment, the base is basically the value approved between the upper limit and the lower limit according to the average salary of last month.