The Difference between the First and Second Social Security in Dongguan in 2022

In 2022, the difference between the first and second grades of social security in Dongguan lies in the different payment, treatment and adaptation groups. According to relevant public information, the social insurance payment grades are divided into the lowest grade (40%), the first grade (60%), the second grade (80%) and the third grade (100%). The difference is that the low-grade social insurance payment is low, and the balance of personal account funds is small. When calculating the pension in the future, the average contribution index converted into the formula will be low, resulting in less pension, while the social insurance with high contribution ratio will receive higher pension than the social insurance with low grade.