The ratio of social security contributions paid by units and individuals

Individuals and units to pay the proportion of social security is pension insurance premiums unit to pay 19%, individuals pay 8% of the industry insurance premiums unit to pay 0.8%, individuals to pay 0.2% of the health insurance premiums: unit to pay 10%, individuals to pay 2% of the injury insurance and maternity insurance is not required to pay, all by the enterprise to pay. Economic compensation is paid to the laborer according to the number of years the laborer has worked in the organization, and the standard of one month's salary is paid to the laborer for each full year. If six months or more is less than one year, the economic compensation is paid to the laborer at half a month's salary for every six months of service.

Methods of collecting social insurance premiums

1. Proportional premium system. This method is based on the wage income of the insured, and a certain percentage is set so as to collect insurance premiums. The main purpose of social insurance is to compensate the insured for the loss of income during the period of risky accidents in order to maintain a minimum living, so it is necessary to refer to the income on which the insured normally depends as a criterion for measurement of benefits on the one hand, and as a basis for the calculation of premiums on the other hand. The greatest defect of the proportional premium system based on work is that the burden of social insurance is directly linked to wages. Whether both employers and employees bear the burden of social insurance premiums or one of them does, the burden of social insurance is manifested in an increase in the cost of labor, and the result will be the crowding out of labor by capital, which will lead to an increase in unemployment.

2. Equalization of premiums. That is to say, regardless of the income of the insured or his employer, the same amount of premium is charged. This system has the advantage of simple calculation, easy to implement and the use of this method of collecting insurance premiums in the country, in its payment, generally also adopts the equalization system, with the meaning of income and expenditure are equal. But its defect is that the low-income people and high-income people pay the same premiums, in terms of affordability is obviously unfair.

1, social security contribution base. The contribution base for social security refers to the wage base used by an enterprise or individual employee to calculate the amount of social insurance premiums to be paid. Multiplying this base by the prescribed rate is the amount of social insurance premiums that should be paid by the enterprise or individual. The social security contribution base in each region is linked to the local average wage data. It is determined on the basis of the monthly average of all wage income earned by an employee from January to December of the previous year. It is determined once a year, and after it is determined, it will not be changed for a year. The time for social security base declaration and adjustment is usually in July. Enterprises generally take the total wages of their employees as the contribution base, while half of the individual employees take their average monthly wages of the previous year as the wage base for individual social security contributions. In China, the contribution base is approved by the social insurance agency in accordance with the employer's declaration and in accordance with the law.

Legal basis:

Article 46 of the Law of the People's Republic of China on Labor Contracts

Article 1: In the event that a worker terminates his or her labor contract in accordance with the provisions of Article 38 of this Law, the employer shall pay economic compensation to the worker.

Article 47 The economic compensation shall be paid to the laborer at the rate of one month's salary for each full year of employment with the employer. If six months or more is less than one year, the economic compensation shall be paid to the laborer at half a month's wage for every six months of service. If a worker's monthly wage is more than three times the average monthly wage of employees in the region for the previous year as announced by the people's government of the municipality directly under the central government or the municipal government of the district in which the employer is located, the standard for payment of economic compensation to the worker shall be paid at the rate of three times the average monthly wage of the employee, and the maximum number of years for which economic compensation shall be paid to the worker shall be no more than twelve years. The monthly wage referred to in this article refers to the average wage of the worker in the twelve months prior to the dissolution or termination of the labor contract.