Qinghai social security payment base table in 2023

In 2023, the upper limit of social insurance payment base in Qinghai is 24,087 yuan/month, and the lower limit is 48 17 yuan/month.

Social insurance is a social and economic system that provides income or compensation for people who have lost their ability to work, are temporarily unemployed or suffer losses due to health reasons, and occupies a core position in the whole social security system. Its main items include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.

The main functions of social security are:

1. Providing old-age security: social security can pay the old-age insurance by itself, which is generally paid by the unit and employees. The more you pay, the more you will get after retirement age.

2. Provide medical insurance: Social security can reimburse certain medical expenses when employees are sick, and after paying a certain number of years, they can enjoy medical insurance benefits for life.

3. Providing maternity protection: Social security can reimburse a series of medical expenses incurred by women during childbirth, and can also receive a certain maternity allowance during maternity leave.

4. Providing unemployment protection: Social security can provide compensation for the unemployed to meet their basic needs during unemployment.

5. Providing industrial injury protection: Social security can provide certain insurance compensation for employees who have industrial injuries.

To sum up, social insurance is a contributory social security. The funds are mainly paid by employers and workers themselves, and the government finances give subsidies and bear the ultimate responsibility. However, workers can only enjoy the corresponding social insurance benefits if they fulfill their statutory payment obligations and meet the statutory conditions.

Legal basis:

People's Republic of China (PRC) (China) Labor Contract Law

Article 46

In any of the following circumstances, the employing unit shall pay economic compensation to the workers:

(1) The laborer terminates the labor contract in accordance with the provisions of Article 38 of this Law;

(2) The employing unit proposes to terminate the labor contract with the laborer in accordance with the provisions of Article 36 of this Law, and the labor contract is terminated through consultation with the laborer;

(3) The employer terminates the labor contract in accordance with the provisions of Article 40 of this Law;

(4) The employer terminates the labor contract in accordance with the provisions of the first paragraph of Article 41 of this Law;

(5) Dissolving a fixed-term labor contract in accordance with the provisions of the first paragraph of Article 44 of this Law, except that the employer maintains or improves the conditions stipulated in the labor contract to renew the labor contract, unless the employee does not agree to renew it.