Social Security Base and Contribution Amount

The social security base and the amount of contribution are as follows:

The social security base, also known as the social insurance base, is the base of the employee's social insurance contribution for a social security year. It is determined by the monthly average of all wage income earned by the employee from January to December of the previous year. This base is not only the basis for calculating the social security contributions to be paid by the employer and its employees, but also an important reference for determining the employee's social security benefits.

The amount of contribution, on the other hand, is calculated on the basis of the social security base and the prescribed rate. The contribution rate may vary for each type of insurance, such as pension insurance, unemployment insurance and medical insurance. Enterprises and individuals make contributions according to their respective ratios,**** which together form the social security fund, which is used to pay for the various social insurance benefits of employees.

General social security contribution base:

Social security contribution base is generally based on one's salary income in the previous year.

1. If the salary income of an employee is higher than 300% of the average salary of the local employees in the previous year, 300% of the average salary of the local employees in the previous year will be the contribution base;

2. If the salary income of an employee is lower than 60% of the average salary of the local employees in the previous year, 60% of the average salary of the local employees in the previous year will be the contribution base;

3. If the salary of the employee is in the range from 300% to 60%, the base will be based on the actual salary. -60% of the average wage of the local employees in the previous year, according to the actual declaration. When the employee's salary income cannot be determined, the contribution base is determined by the average salary of local employees in the previous year announced by the local labor administration department as the contribution salary.

In summary, there is a close relationship between the social security base and the amount of contributions. The determination of the social security base has a direct impact on the amount of contributions, which in turn determines the level of social insurance benefits that the employee can enjoy. Therefore, it is very important for employees to understand and reasonably determine their social security base and contribution amount. At the same time, the government and enterprises should also strengthen the publicity and implementation of social security policies to ensure that every employee can enjoy the social security benefits.

Legal basis:

The Social Insurance Law of the People's Republic of China

Article 4

Employers and individuals within the territory of the People's Republic of China shall pay social insurance premiums in accordance with the law, and shall have the right to inquire into the records of contributions and individual rights and interests, and to request the social insurance agencies to provide social insurance counseling and other related services.