Job Recruitment Website - Social security inquiry - Is the contribution base of provident fund and social security the same?
Is the contribution base of provident fund and social security the same?
Legal analysis: the payment bases of provident fund and social security can be different. Provident fund payment base: each unit calculates the average monthly salary of employees according to the standard of calculating the average monthly salary of employees by the Statistics Bureau, and uses the average monthly salary of employees as the payment base of the employee's housing provident fund to verify the monthly payment amount of housing provident fund. All units shall, within one month after verifying the monthly deposit amount of employee housing provident fund, inform the employee himself of the verification and safeguard the legitimate rights and interests of the employee. Social security payment base: the social security payment base is 60%-300% of the average social wage.
Legal basis: Article 2 of the Social Insurance Law of People's Republic of China (PRC) The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance, maternity insurance, etc., to protect citizens' right to get material help from the state and society according to law in case of old age, illness, industrial injury, unemployment and maternity.
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