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Minimum base of social security accumulation fund
Legal analysis: social security contributions are converted based on the local social wages of the current year, which are generally divided into three grades: 100%, 80% and 60%. The provident fund has no base, based on the actual personal income, and is paid at 10% of the personal income, which is shared by the unit and the individual.
Legal basis: Article 4 of People's Republic of China (PRC) Social Insurance Law. Employers and individuals in People's Republic of China (PRC) pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights records, and require social insurance agencies to provide social insurance consultation and other related services. Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.
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