Legal provisions on the basis of social security

Legal analysis: 1, basic old-age insurance premium: Article 12 of the Social Insurance Law of People's Republic of China (PRC) stipulates: "The employer shall pay the basic old-age insurance premium according to the proportion stipulated by the state and the total wages of its employees, and record it into the basic old-age insurance pooling fund. Employees should pay the basic old-age insurance premium in accordance with the proportion of their wages stipulated by the state and record it in their personal accounts. " 2. Basic medical insurance premium: Article 23 of the Social Insurance Law of People's Republic of China (PRC) stipulates: "Employees shall participate in basic medical insurance for employees, and both employers and employees shall pay the basic medical insurance premium in accordance with state regulations." Paragraph 3 of Article 2 of the State Council's Decision on Establishing the Basic Medical Insurance System for Urban Employees stipulates that medical insurance premiums shall be paid by both employers and employees. The employer's contribution rate should be controlled at about 6% of the total wages of employees, and the employee's contribution rate is generally 2% of his salary income. With the development of economy, the contribution rates of employers and employees can be adjusted accordingly. 3. Unemployment insurance premium: Article 44 of the Labor Law of People's Republic of China (PRC) and the Social Insurance Law of People's Republic of China (PRC) stipulates: "Employees shall participate in unemployment insurance, and both employers and employees shall pay unemployment insurance premiums in accordance with state regulations." Article 6 of the Regulations on Unemployment Insurance stipulates: "Urban enterprises and institutions shall pay unemployment insurance premiums at 2% of the total wages." 4. Work-related injury insurance premium: Article 35 of the Social Insurance Law of People's Republic of China (PRC): "The employer shall pay the work-related injury insurance premium according to the total wages of its employees and the rate determined by the social insurance agency." 5. Maternity insurance premium: Article 53 of the Social Insurance Law of People's Republic of China (PRC) stipulates: "Employees shall participate in maternity insurance, and the employer shall pay maternity insurance premium in accordance with state regulations, while employees shall not pay maternity insurance premium."

Legal basis: Article 12 of the Social Insurance Law of People's Republic of China (PRC), the employer 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. Article 15 of the Social Insurance Law of People's Republic of China (PRC) * * * Basic Pension consists of overall pension and individual account pension. The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.