Hangzhou Minimum Social Security Standard 2023

According to the latest policy issued by the Hangzhou Municipal Government, starting from June 5438+1 October1in 2023, the minimum social security standard in Hangzhou will be divided into two grades, namely, the housing accumulation fund base and the social security payment base. The specific standards are: the housing accumulation fund base is 442 1 yuan/month, and the social security payment base is 6092 yuan/month.

The minimum social security standard refers to the minimum amount paid by the employer to social security according to a certain proportion of the minimum wage standard. The latest policy of Hangzhou municipal government divides the minimum social security standard into two grades: the base of housing provident fund and the base of social security payment. The base of housing accumulation fund is 442 1 yuan/month, which means that the employer needs to pay 8% of the employee's salary, that is, 442 1 yuan per month. If the employee's salary is lower than this standard, the payment standard is 8% of the employee's actual salary. The social security payment base is 6092 yuan/month, which means that the employer needs to pay 20% of the employee's salary, that is, it needs to pay 6092 yuan per month. If the employee's salary is lower than this standard, the payment standard is 20% of the employee's actual salary. It should be noted that the minimum social security standard is not equal to the amount of social security that employers and employees should actually pay, and the specific amount should be calculated according to factors such as employees' actual wages and social security rates.

Is the adjustment of the minimum social security standard bound by law? According to the minimum wage regulations, the minimum wage standard is promulgated by the provincial people's government and adjusted regularly; The minimum wage shall not be less than 60% of the local average monthly wage. Therefore, the adjustment of the minimum social security standard also needs to comply with relevant laws and regulations.

The latest minimum social security standard issued by the Hangzhou municipal government will have a direct impact on the social security contributions of employers, and at the same time, it can better protect the basic social security rights and interests of employees. Employers need to know in time, pay fees in accordance with relevant regulations, and pay attention to policy changes and make timely adjustments.

Legal basis:

The "Regulations" of People's Republic of China (PRC) minimum wage fourth minimum wage announced by the provincial people's government, and adjusted regularly. The minimum wage shall not be less than 60% of the local average monthly wage.