What is the social security contribution standard for 2021?

There is no national regulation on the base of social security contributions, so you can refer to the relevant local policies.

The social security standard is determined according to the monthly average of all wage income earned by employees from January to December of the previous year. The social insurance contribution base is an important basis for calculating the social security contributions to be paid by the employer and its employees and the social insurance benefits of the employees, and there is an upper limit and a lower limit, with the exact amount depending on the actual situation in each region.

Expanded:

Note:

1. All social insurance premiums, housing provident fund and personal adjustment tax, etc., which are directly withheld and paid by the unit from the employee's salary, shall be included in the contribution base.

2. Transportation subsidies, telephone subsidies, lunch subsidies, festival expenses paid by the unit to individual employees in the form of cash or bank deposits, as well as allowances paid to special positions such as high temperature, high altitude, underground, toxic and harmful, etc., shall be included in the contribution base.

3. Wages paid by the unit to individual employees through after-tax profit commission or dividend shall be included in the contribution base.

4. The income earned by employees on a base salary system, based on turnover or commission on business performance, shall be included in the contribution base.

People's Daily News - In 2021, there will be new changes to your social security