Social security payment calculation formula

Legal analysis: social security payment = pension insurance payment+medical insurance payment+unemployment insurance payment. The proportion of each insurance claim is as follows: 1. Endowment insurance: the unit contribution ratio is 20%, and the individual contribution ratio is 8%; 2. Medical insurance: the unit pays 8% and the individual pays 2%; 3. Unemployment insurance: unit 2%, individual1%; 4. Work injury insurance: the unit pays 0.5%, and the individual does not pay; 5. Maternity insurance: the unit pays 0.8%, and the individual does not.

Legal basis: Article 70 of the Labor Law of People's Republic of China (PRC). The state develops social insurance, establishes a social insurance system and a social insurance fund, so that workers can get help and compensation in cases of old age, illness, work injury, unemployment and maternity.