What is the meaning of social security individual contribution base 3500

Social security individual contribution base refers to the basic amount of payment of social security, the higher the contribution base, the amount of payment of social security will be increased accordingly.

The significance of the individual contribution base for social security is that the amount of social security payment is determined by the proportion of the individual contribution base. In other words, the higher the contribution base, the higher the upper limit of the amount to be paid.

In China, the individual contribution base for social security is set by the provincial social security administrative department or the city social security department, and is generally based on the local average wage level. For example, if the average salary level in a certain place is 5,000 yuan, the social security individual contribution base for that place may be set at 3,500 yuan, which means that an individual will only need to pay social security fees based on a salary of 3,500 yuan at most.

It should be noted that the individual contribution base for social security payment is different, the type of social security payment, and the percentage of payment is also different. The specific provisions of the local social security management organization shall prevail, it is recommended to refer to the relevant provisions of the local social security management organization or consult the relevant staff of the social security department.