Minimum payment standard of social security for employees in Yancheng city

The minimum social security payment standards for employees in Yancheng are as follows:

1, social security payment base: the minimum payment base is 3368 yuan, and the maximum payment base is 16842 yuan.

2. Social security contribution ratio: endowment insurance: the company pays 16%, and the individual pays 8%. Unemployment insurance: the company pays 0.5% and the individual pays 0.5%. Maternity insurance: the company pays 0.9%, and the individual does not. Medical insurance: the company pays 7.5% and the individual pays 2%. Industrial injury insurance: the proportion paid by the company is determined according to the industry, and individuals do not pay.

3. Total social security contributions: According to the above ratio, the total social security contributions of individuals are about 587.58 yuan, the total social security contributions of enterprises are about 13 18.96 yuan, and the minimum social security contributions are about 1906.54 yuan/month.

Conditions for employees' social security in Yancheng:

1, the registered or permanent population of Yancheng.

2. Not participating in any social insurance system: endowment insurance for enterprise employees, endowment insurance for public institutions, endowment insurance for urban and rural residents, medical insurance for urban and rural residents, unemployment insurance, industrial injury insurance, maternity insurance and social security for land-expropriated residents.

To sum up, the minimum payment standard of social security for employees in Yancheng City is 4,494 yuan, and individuals and enterprises must pay social security fees according to the prescribed proportion and base to ensure that employees enjoy the corresponding social security benefits.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 12

Employers and individuals shall pay social insurance premiums in accordance with state regulations. Specific measures for the collection, payment, management and use of social insurance premiums shall be formulated by the State Council.