Sichuan 2021 social security contribution standards

Sichuan social security contribution standards in 2021:

1. Salary income is lower than the lower limit standard of the contribution base (the lower limit is calculated at 55% of the full-caliber provincial level salary for pension insurance, and the lower limit is calculated at 60% of the full-caliber provincial level salary for all other types of insurances) (yuan/month);

2. Salary income is between the lower limit standard and the upper limit standard of the contribution base (yuan/month);

3. >3. Salary income is higher than the upper limit standard of the contribution base (the upper limit is calculated by 300% of the full-caliber provincial level salary) (yuan/month).

The coordinating area establishes a social insurance agency. Social insurance agencies may set up branches and service outlets in the co-ordinated areas as approved by the local social insurance administrative department and organization and establishment management authorities according to the needs of their work.

The personnel expenses of social insurance agencies and the basic operating and administrative expenses incurred in the handling of social insurance shall be guaranteed by the finances at the same level in accordance with the provisions of the State. Social insurance agencies shall establish and improve operational, financial, security and risk management systems. Social insurance agencies shall pay social insurance benefits in full and on time. The national social insurance information system shall be constructed in accordance with unified national planning by the people's governments at or above the county level in accordance with the principle of hierarchical responsibility***. The administrative department of social insurance shall supervise and inspect the income and expenditure, management and investment operation of the social insurance fund, and where problems are found to exist, it shall make recommendations for rectification, and shall make a decision to deal with them in accordance with the law, or shall make recommendations to the administrative department concerned for dealing with them. The results of the inspections of the social insurance fund shall be regularly publicized to the public.

Legal Basis

The People's Republic of China*** and the State Social Insurance Law

Article 74 The social insurance agency obtains the data necessary for the work of social insurance through the operation of business operations, statistics and surveys, and the relevant units and individuals shall provide them in a timely and truthful manner.

Social insurance agencies shall establish files for employers in a timely manner, keep complete and accurate records of social insurance data such as the number of persons participating in social insurance and the amount of contributions paid, and properly keep the original vouchers for registration and declaration, as well as the accounting vouchers for payment and settlement.

Social insurance agencies shall record in a timely, complete and accurate manner the contributions made by individuals participating in social insurance and by employers on their behalf, as well as records of their individual rights and interests, such as the enjoyment of social insurance benefits, and shall regularly send the record sheets of individual rights and interests to the individuals free of charge.

Employers and individuals can inquire and check their records of contributions and social insurance entitlements with the social insurance administration organization free of charge, and request the social insurance administration organization to provide social insurance consulting and other related services.