How many grades does Rizhao endowment insurance have?

Rizhao endowment insurance is divided into five grades. Respectively multiplied by 60%, 70%, 80%, 90% and 100% of the annual average wage of employees in the whole province in the above years. Individuals choose a grade as the annual payment base, and the payment ratio is 20%.

Extended data

Enterprises generally take the total wages of their employees as the payment base, and the average monthly salary of employees in the previous year is the salary base for individuals to pay social insurance premiums. In China, the payment base is approved by the social insurance agency according to the employer's declaration.

Generally speaking, if the wages paid by employees are higher than 300% of the average social wage in the previous year in the provinces and cities where they are located, 300% of the average social wage in the previous year will be used as the payment base; If the wages paid by employees are lower than 40% of the average social wage in the last year in the province where the wages are located, 40% of the average social wage in the last year in the province where the wages are located shall be used as the payment base.

The calculation ratio of the highest and lowest payment base in each city may be different, and the calculation ratio and base published by the municipal human resources and social security bureau shall prevail.

Rizhao human resources and social security network-endowment insurance for flexible employees