What does the social security fee mean?

Social insurance premiums refer to the fees paid by employers and workers, state financial subsidies and other sources. The significance of paying social security is as follows:

1, social insurance can play the role of social stabilizer. The old, weak, sick, disabled, pregnant and disabled members of society are inevitable objective phenomena in any era and under any social system. Social insurance is to give appropriate compensation to members of society when they encounter this situation, to ensure their basic living standards and to prevent the emergence of unstable factors;

2. Social insurance is conducive to ensuring the smooth reproduction of social labor. Laborers will inevitably encounter all kinds of accidents in the process of labor, resulting in the pause of labor reproduction. Social insurance is to give necessary economic compensation and living security when workers encounter the above-mentioned risk accidents, so that the labor force can be restored;

3. Social insurance is beneficial to social equity. Due to the difference of people's education level and labor ability, the income gap will be caused.

What are the rules for paying social insurance premiums?

1, payment units and individuals shall pay social insurance premiums in full in monetary form;

2. The social insurance premium that the payer should pay shall be withheld and remitted from his own salary by the unit where he works. Social insurance premiums shall not be reduced or exempted;

3. Social insurance premiums collected by local tax authorities are deposited in the financial accounts of social security funds opened by the financial department in state-owned commercial banks. Social insurance funds shall, according to the overall scope of different types of insurance, establish basic old-age insurance funds, basic medical insurance funds, unemployment insurance funds, industrial injury insurance funds and maternity insurance funds respectively. Social insurance funds are accounted for separately. Social insurance funds are exempt from taxes and fees;

4 payment units and individuals have the right to inquire about payment records in accordance with regulations.

Minimum payment base of social security

The minimum payment base of social security is as follows:

1. If calculated according to the minimum monthly payment base of employee basic old-age insurance and unemployment insurance of 5,869 yuan, the insured person will pay the employee basic old-age insurance premium of 1 173.8 yuan and unemployment insurance premium of 58.69 yuan;

2. If calculated according to the upper limit of 3 1.884 yuan for the monthly payment base of employee basic old-age insurance and unemployment insurance, the insured pays 6,376.8 yuan for employee basic old-age insurance and 3 1.8 yuan for unemployment insurance;

3. Since July 2022, individuals who have filed in social insurance agencies such as municipal and district human resources public service centers and participated in social insurance, as well as individuals who have paid social insurance in various street (township) convenience service centers, will pay the basic medical insurance premium of 520.8 yuan per month;

4. Since July 2022, the upper limit of the monthly payment base of the basic old-age insurance for employees of government agencies and institutions in this city will be 3 1884 yuan, and the lower limit of the monthly payment base will be 6,377 yuan.

Legal basis: Article 4 of People's Republic of China (PRC) Social Insurance Law.

Employers and individuals in People's Republic of China (PRC) pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights records, and require social insurance agencies to provide social insurance consultation and other related services.

Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.