What is the meaning of social security payment base ah

The meaning of the social security payment base is as follows:

1. The contribution base of social security is the wage base used by enterprises or individual employees to calculate the payment of social insurance premiums, and multiplying this base by the prescribed rate is the amount of social insurance premiums that enterprises or individuals should pay;

2. The social security contribution base of each place is linked to the average wage data of the place. It is determined according to the monthly average of all wage income earned by employees from January to December of the previous year. Determined once a year, and after the determination, no further changes within a year, social security base declaration and adjustment time, generally in July;

3, enterprises generally to the total wages of the enterprise employees as a contribution base, half of the individual employees are to their average monthly salary for the previous year as the wage base for personal social security contributions. In China, the contribution base is approved by the social insurance agency in accordance with the employer's declaration and in accordance with the law.

If an employee's salary income is higher than 300% of the average salary of local employees in the previous year, 300% of the average salary of local employees in the previous year shall be the contribution base; if an employee's salary income is lower than 60% of the average salary of local employees in the previous year, 60% of the average salary of local employees in the previous year shall be the contribution base; if an employee's salary is between 300% and 60%, the declaration shall be made in accordance with the facts. When the employee's salary income cannot be determined, the contribution base is determined according to the average salary of local employees in the previous year announced by the local labor administration department as the contribution salary. Every year the social security will be in a fixed time in March or July, different places, approved base, according to the average monthly salary of employees in the previous year to declare a new base, you need to prepare the payroll these certificates.

Legal basis: Article 4 of the Social Insurance Law of the People's Republic of China

The employers and individuals within the territory of the People's Republic of China shall pay social insurance premiums in accordance with the law, and shall have the right to inquire into the records of payment, personal rights and interests, and to request the social insurance agencies to provide social insurance counseling and other related services.

Individuals enjoy social insurance benefits in accordance with the law, and have the right to supervise the payment of contributions for them by their own units.

Article 5

The people's governments at or above the county level incorporate the cause of social insurance into their national economic and social development plans.

The State raises social insurance funds through multiple channels. The people's governments at or above the county level give necessary financial support to the social insurance cause.

The State supports the social insurance cause through preferential tax policies.

Article 90

Where a social insurance premium collection agency makes unauthorized changes in the basis and rate of payment of social insurance premiums, resulting in under- or over-charging of social insurance premiums, it shall be ordered by the relevant administrative department to recover the social insurance premiums that should be paid or to refund the social insurance premiums that should not have been paid; and the directly responsible supervisory personnel and others directly responsible shall be given sanctions in accordance with the law.