What does full social security mean?

The full social security shall be paid according to the payment base 100%.

The full social security shall be paid according to the payment base 100%. That is to say, if the average salary is 5000, the minimum payment base is 3000, and the maximum payment base is 15000 yuan; Full social security is directly calculated with 5 thousand as the payment base.

In view of the diversification of wage payment forms of employers, employees should pay attention to the following aspects when determining the payment base:

1, the social insurance premium, housing accumulation fund and individual tax directly withheld by the unit from employees' wages should be included in the payment base;

2 units in the form of cash or bank deposits to pay transportation subsidies, telephone subsidies, lunch subsidies, holiday fees, high temperature, high altitude, underground, toxic and harmful and other special post allowances should be included in the payment base;

3, the unit through after-tax profit commission or dividends paid to individual employees' wages, should be included in the base pay;

4, the implementation of the basic wage system of workers, according to the turnover or operating performance of the commission income, should be included in the base pay;

5, after the implementation of business contract or cost responsibility, the unit will no longer reimburse the staff's travel expenses, and 60% of its contracted income should be included in the payment base.

Social security payment process:

1. If the payment declaration form submitted by the payer is verified by the competent local tax authorities, the payer must pay the social insurance premium in full to the competent local tax authorities before 15 every month;

2. The principle of territorial collection of social insurance premiums;

3. Calculation and payment of interest and overdue fine. Calculation and payment of interest. The payer calculates and pays interest when paying the basic old-age insurance fee.

To sum up, full social security is good; Because most companies are directly insured according to the minimum payment base, the protection that the insured can get will be limited; If you choose to participate in full insurance, the insured can enjoy better social security benefits.

Legal basis:

Article 2 of People's Republic of China (PRC) Social Insurance Law

The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to receive material assistance from the state and society in accordance with the law when they are old, sick, injured, unemployed and have children.