How much does it cost for individuals to pay social security every month in Nantong, Jiangsu?

How much does it cost for individuals to pay social security every month in Nantong, Jiangsu? It depends on the specific regulations of your place.

According to the notice of the third branch of Jiangsu Nantong Taxation Bureau, the minimum monthly social insurance premium for urban flexible employees is 10 10.4 yuan, of which the pension insurance premium is 673.6 yuan and the medical insurance premium is 336.8 yuan. The tax department will initiate the deduction in the middle and late of each month, so the payer needs to ensure that there is enough money in the bank card for deduction before 15 of each month. This is the minimum payment standard for flexible employees, and the specific amount may change according to the individual's payment base.

Social security contribution ratio:

1. According to national regulations, social security includes endowment insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance;

2. The proportion of individual contributions to endowment insurance is generally 8%, and the proportion of unit contributions is relatively high;

3. The proportion of individual contributions to medical insurance is usually around 2%, and the proportion of unit contributions will be higher;

4. Unemployment insurance, industrial injury insurance and maternity insurance, the proportion of individual contributions is usually low, and some areas do not even need individual contributions;

5. The specific payment ratio and base will be different in different regions, and it needs to be implemented according to the regulations of the local social security bureau.

To sum up, according to the notice of the third branch of Jiangsu Nantong Taxation Bureau, the minimum monthly social insurance premium for flexible employees in Nantong is 10 10.4 yuan, including 673.6 yuan for old-age insurance and 336.8 yuan for medical insurance. The payer needs to ensure that there is enough money in the bank card for deduction before 15 every month. The specific payment amount may change according to the individual's payment base.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 12

The employing unit shall, in accordance with the relevant provisions of the state, declare the total wages of its employees to the social insurance agency as the base of social insurance payment. The base of individual social security contributions is usually determined according to individual wage income, and the specific amount is stipulated by local social security policies.