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Calculation method of social security salary
Legal basis: The Social Insurance Law of People's Republic of China (PRC) does not stipulate the collection rate of social insurance. According to China's current social insurance policy, we implement different collection ratios for different types of social insurance.
Legal analysis: the calculation method of social security is to multiply the payment amount and payment base by the payment ratio. Then the so-called social security payment base is the social security payment base, which refers to the salary base used by enterprises or individual employees to calculate and pay social insurance premiums, and then multiply this base by the prescribed rate, which is the social security premium that enterprises or individuals should pay. Moreover, the local social security payment base should be linked to the local average wage data. Because it is determined according to the average monthly salary of employees from June 1 to February 1 in the previous year.
Legal basis: The Social Insurance Law of People's Republic of China (PRC) does not stipulate the collection rate of social insurance. According to China's current social insurance policy, we implement different collection ratios for different types of social insurance.
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