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What does social security base 3000 mean
Legal analysis: social security monthly contribution base 3000 refers to the average monthly salary of employees in the previous year, which is used as the calculation standard for social security contributions. Social security contribution base is 60% - 300% of the average social wage for the payment base. The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance, and maternity insurance to protect citizens' rights to receive material assistance from the state and society in old age, sickness, industrial injury, unemployment, and maternity, etc., in accordance with the law.
Legal basis: The Social Insurance Law of the People's Republic of China Article 90 Where a social insurance premium collection agency makes unauthorized changes to the basis and rate of social insurance premiums, resulting in under- or over-collection of social insurance premiums, the relevant administrative department shall order it to recover social insurance premiums it should have paid or refund social insurance premiums it should not have paid; and it shall impose penalties on the directly responsible supervisory personnel and other personnel directly responsible in accordance with the law. The directly responsible supervisors and other persons directly responsible shall be punished in accordance with the law.
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