What are the legal requirements for the social security payment base?

Legal analysis: the base of social insurance payment has upper and lower limits, and the minimum is not less than 60% of the average monthly salary of employees in the city last year (employees in private enterprises, individual industrial and commercial households and employees with non-local urban hukou are not less than 50%, and private enterprise legal persons, shareholders and individual industrial and commercial households are not less than100%); The maximum can not be higher than 300% of the average monthly salary of employees in the city last year. The average wage of employees in this Municipality is published annually by the Municipal Bureau of Statistics.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Article 12 The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of employees stipulated by the state and record it in the basic old-age insurance pooling fund. Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.

Article 35 The employing unit shall pay the work-related injury insurance premium according to the total wages of employees and the rate determined by the social insurance agency.