Huaibei payment base in 2023

The payment base of Huaibei refers to the basic amount used to calculate the payment of social insurance and housing provident fund. According to "People's Republic of China (PRC) Social Insurance Law" and "Regulations on Housing Provident Fund Management", the payment bases of social insurance and housing provident fund in Huaibei City are different.

Huaibei city payment base refers to the basic amount used to calculate social insurance and housing provident fund contributions. According to "Social Insurance Law" and "Regulations on Housing Provident Fund Management" of People's Republic of China (PRC), the payment bases of social insurance and housing provident fund in Huaibei City are different. Taking social insurance as an example, the payment base of social insurance for employees in Huaibei City is 300% of the average monthly salary of employees in this city last year, while the payment base of social endowment insurance for urban and rural residents is 60% of the average monthly salary of employees in urban non-private units last year. In addition, the specific payment base of various social insurances is also affected by factors such as policy adjustment. For the payment base of housing provident fund, Huaibei City is allowed to choose freely within a certain range, but the minimum payment base shall not be lower than 60% of the local monthly minimum wage. At the same time, according to the relevant regulations of Huaibei City, when employees' wages are lower than the minimum payment base, they should pay the housing provident fund according to the minimum payment base.

Why is the payment base standard different? The payment base standards of different social insurance and housing accumulation funds are formulated according to laws, regulations and actual conditions. For example, the payment base of social insurance for employees is high, mainly to protect the social insurance rights and interests of employees, while the payment base of social endowment insurance for urban and rural residents is low, taking into account special circumstances such as rural residents.

The payment base standard of Huaibei City conforms to laws and regulations, and the payment base of different social insurance and housing provident fund depends on the actual situation. If you have any questions about paying social insurance or housing accumulation fund, it is recommended to consult relevant departments or professionals in time.

Legal basis:

Article 48 of the Social Insurance Law of People's Republic of China (PRC) shall be formulated by the State Council or the people's governments of provinces, autonomous regions and municipalities directly under the Central Government.