How to calculate the amount of social security contributions

Based on the company's purchase of full social insurance, the calculation is as follows:

Medical insurance: 2% for individuals and 8% for units;

Endowment insurance: 8% for individuals and 20% for units;

Unemployment insurance: individual 1%, unit 2%;

Industrial injury insurance: no individual, unit1%;

Maternity insurance: no individual, unit1%;

Provident fund: individual 10%, unit 10%.

Work injury and maternity insurance expenses shall be borne by the unit.

The social security payment base is as follows:

(1) If the wage income of employees is higher than 300% of the local average wage of employees in the previous year, 300% of the local average wage of employees in the previous year will be used as the payment base;

(two) the wage income of employees is lower than 60% of the local average wage of employees in the previous year, with 60% of the local average wage of employees in the previous year as the payment base;

(3) If the employee's salary is between 300% and 60%, it shall be declared according to the facts.

When it is impossible to determine the wage income of employees, the payment base shall be determined according to the local average wage of employees in the previous year published by the local labor administrative department.

If the enterprise fails to pay social security for its employees, the employees can negotiate with the unit and ask the unit to pay social security or double the monthly salary. If the company fails to pay social security for its employees or make compensation at twice the monthly salary, employees can complain to the social security bureau and labor bureau where the enterprise operates.

The full name of endowment insurance is social basic endowment insurance, which consists of basic pension paid by social pooling fund and personal account pension. It is an important part of the social security system and one of the five most important social insurances. It is a social insurance system established by the state and society according to certain laws and regulations to solve the basic life of workers who reach the working age limit stipulated by the state or quit their jobs because of old age.

I hope the above content can help you. If in doubt, please consult a professional lawyer.

Legal basis:

Article 2 of People's Republic of China (PRC) Social Insurance Law

The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to receive material assistance from the state and society in accordance with the law when they are old, sick, injured, unemployed and have children.