What is the payment base?

Legal analysis: the payment base is the standard used to determine individuals and pay social security. The payment base refers to the basic base for the insured to pay social insurance, which is between 60% and 300% of the average social wage. The base of payment multiplied by the proportion of payment is the insurance premium you should pay. The payment base is the basis for the insured to pay in proportion. For the company, the payment base is the total salary of all employees in the company; For an individual, the payment base is the monthly salary of the individual. Generally, my salary income in the previous year is the base of payment.

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

Article 4 Employers and individuals in People's Republic of China (PRC) shall pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights and interests records, and ask social insurance agencies to provide social insurance consultation and other related services. Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.

Fifth people's governments at or above the county level shall incorporate social insurance into the national economic and social development plan. The state raises social insurance funds through multiple channels. People's governments at or above the county level shall give necessary financial support to social insurance. The state supports social insurance through preferential tax policies.