Social security wage calculation formula table

Social security wage calculation formula:

1, personal social endowment insurance calculation formula, pension = basic pension+personal account pension;

2, personal account pension calculation formula, personal account pension = personal account savings/months;

3. Calculation formula of basic pension: basic pension = (average monthly salary of employees in the province last year+average monthly payment salary of myself) /2* payment period * 1%= average monthly salary of employees in the province last year (1+ average monthly payment index of myself) /2* payment period * 1%.

The breakdown of social security contributions in 2022 is as follows:

1, the total social security payment base * * * has five grades, namely the lowest grade 40%, the first grade 60%, the second grade 80%, the third grade 100% and the highest grade 300%. Pay according to several grades, which has a certain relationship with personal income and occupation;

2. For urban workers, when purchasing social security, the payment base mainly includes three grades, namely, the first file is 60%, the second file is 80%, and the third file is 100%. Because the income of each city and individual is different, the payment base is different when paying social security. For economically developed areas, the payment base will be higher than that of areas with average economic conditions.

Social security payment process in 2022:

1. Go to the individual payment window of the social security agency to collect and fill in the Social Insurance Individual Payment Declaration Form and the Contract for Entrusting Banks to Collect Social Insurance Fees;

2, with the official seal of the bank "commissioned by the bank to collect social insurance contract";

3. With the required insurance information, social insurance individual payment declaration form and entrusted bank social insurance premium collection contract, go through the insurance formalities at the individual payment window of the social security agency in the area where the household registration is located;

4. If you need to apply for a labor security card, you must come in person to apply for it, and provide a copy of your ID card and a digital photo receipt of the second-generation ID card network photo library approved by the municipal public security organ.

Legal basis: Article 12 of the Social Insurance Law of People's Republic of China (PRC).

The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of its employees stipulated by the state, and record it in the basic old-age insurance pooling fund. Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.

Article 60

The employing unit shall declare itself and pay social insurance premiums in full and on time, and shall not postpone or reduce the payment except for legal reasons such as force majeure. The social insurance premiums that employees should pay shall be withheld and remitted by the employer, and the employer shall inform me of the details of paying social insurance premiums on a monthly basis. Individual industrial and commercial households without employees, part-time employees who have not participated in social insurance in the employing units and other flexible employees can pay social insurance premiums directly to the social insurance premium collection agencies.