Beijing Social Security Provident Fund Minimum Base 2023

According to the document issued in April 2023, the minimum base of Beijing social security provident fund is 10805 yuan and 9885 yuan respectively. The contribution ratio of provident fund is 12%, of which 6% is contributed by individuals and 6% by units.

According to the document "Beijing Social Insurance Payment Base Standard and Adjustment Measures (Trial)" issued in April 2023, starting from 2023, the minimum base of social insurance accumulation fund in Beijing is 10805 yuan and 9885 yuan respectively. Among them, the minimum base of basic old-age insurance, unemployment insurance and industrial injury insurance for urban workers is 10805 yuan; The minimum base of employee medical insurance is 9885 yuan. In addition, Beijing has also stipulated the maximum payment base for different grades. Beijing also has clear regulations on the payment ratio of social security provident fund. Among them, the contribution ratio of provident fund is 12%, 6% for individuals and 6% for units. It should be noted that the minimum base of Beijing social security provident fund is determined by local economic development level, average wage and other factors, and it may be adjusted every year.

Why should the minimum base of Beijing social security provident fund be adjusted? The adjustment of the minimum base of social security accumulation fund in Beijing depends on the local economic development level, average wage and other factors. Usually, with the development of economy and the increase of residents' income, the payment standard of social security accumulation fund will be raised accordingly, so as to meet people's social security needs in time.

The minimum base of Beijing social security provident fund is determined by local economic development level, average wage and other factors, and may be adjusted every year. In 2023, the minimum base of Beijing social security provident fund is 10805 yuan and 9885 yuan respectively, and the contribution ratio of the provident fund is 12%, of which 6% is contributed by individuals and 6% by units.

Legal basis:

"Beijing social insurance payment base standard and adjustment method (Trial)" Article 2 The minimum payment base of basic old-age insurance, unemployment insurance and work-related injury insurance for urban employees in this city is 60% of the average monthly salary of employees in the previous year, and the minimum payment base of medical insurance for employees is 55% of the average monthly salary of employees in the previous year.