Xiamen Minimum Social Security Payment Standard 2023

According to the notice of Xiamen Social Security Bureau, starting from 2023, the payment base and minimum payment standard of various social insurances in Xiamen will be raised. The minimum payment standard for old-age insurance is 4320 yuan/year, and the minimum payment standard for other types of insurance is 5400 yuan/year.

According to the notice issued by Xiamen Social Security Bureau, starting from 2023, the payment base and minimum payment standard of various social insurances in Xiamen will be raised. Specifically: 1. The minimum payment standard for old-age insurance has risen from 4080 yuan/year in 2022 to 4320 yuan/year; 2. The minimum payment standard for medical insurance, industrial injury insurance and maternity insurance will be raised from 5 100 yuan/year in 2022 to 5,400 yuan/year; 3. The minimum payment standard of unemployment insurance has increased from 2040 yuan/year in 2022 to 2 160 yuan/year. In addition, the base of various social insurance contributions will also be improved to a certain extent. It should be noted that the above standards are only the minimum payment standards, and enterprises and individuals can determine their own payment amount according to the actual situation, but it shall not be lower than the minimum standard. For enterprises, the higher the payment amount, the wider the scope of social insurance benefits.

Can individuals choose to pay their own social security contribution base? The payment bases of enterprises and individuals are determined independently within the prescribed minimum and maximum payment bases. Among them, the enterprise payment base should be determined according to the actual situation of the enterprise; The individual payment base is determined with reference to the wage income level of the unit or individual in the previous year.

In 2023, the minimum payment standard for social security in Xiamen will be raised. Enterprises and individuals should independently determine the payment amount according to the actual situation, and abide by relevant laws and regulations to ensure that they enjoy the corresponding social security benefits.

Legal basis:

Article 14 of the Social Insurance Law of People's Republic of China (PRC), people's governments at all levels shall formulate measures for the collection and management of local social insurance premiums, clarify the collection standards, payment bases and rates of various social insurance premiums, and publish them in the media designated by the relevant departments of the local government.