Base and proportion of social security contributions

The payment base is 60% to 300% of the average social wage.

The payment proportion base, also called the social insurance premium base, is the basic data used to verify the actual payment of social insurance premiums by units or individuals on the basis of payment of wages. Its characteristic is that there are upper and lower limits on the amount, and the setting of the upper and lower limits of the payment base changes with the policy adjustment. The payment base of five insurances and one gold is 60% to 300% of the average social wage. Social insurance base is referred to as social security base.

"Five insurances" refers to five insurances, namely, endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance; "One gold" refers to the housing accumulation fund.

The payment base is 60% of the arithmetic average of the average monthly salary of employees in provinces and cities in the previous year.

Legal basis:

"People's Republic of China (PRC) Social Insurance Law" Article 61 The social insurance premium collection agency shall collect social insurance premiums in full and on time according to law, and regularly inform employers and individuals of the payment.