Is there a relationship between social security base and payroll?

Is there a relationship between social security base and payroll?

A: The average wage index of employees is an important basis for relevant departments to formulate social insurance collection standards, calculate basic pensions for retirees, formulate minimum wage standards and determine judicial compensation for personal injuries, which is related to the vital interests of workers and employers.

The social insurance payment base, also known as the social insurance payment base, is the basis for the insured units and employees to pay social insurance premiums. According to the salary income of employees in the previous year. Considering the different levels of economic development in different parts of the country, the state only stipulates the payment ratio of social insurance premiums, and the actual payment amount is calculated by multiplying the payment parameters by the payment ratio. Finally, it depends on the specific company.

The social security base is directly linked to wages. The calculation method of social security base is as follows: If your salary is lower than the lower limit of social security, pay it according to the lower limit. If it is higher than the lower limit, it will be paid according to the actual average salary of the previous year. The first month's salary of new employees is the base; The social security base of old employees was adjusted to the average monthly salary of the previous year. If the salary is lower than or higher than the local minimum or maximum social security base, the minimum or maximum social security base shall be used as the payment base.

What does the social security base mean?

Social insurance base, referred to as social insurance base, refers to the social insurance payment base of employees in a social security year. It is determined according to the average monthly wage income of employees from June 5438+0 to February 1 day in the previous year. The social insurance payment base is an important basis for calculating the social insurance premiums and social insurance benefits paid by employers and their employees. There are upper and lower limits, and the specific amount depends on the actual situation in each region.

Article 2 of the Social Security 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.