Job Recruitment Website - Social security inquiry - What percentage does social security increase a year?
What percentage does social security increase a year?
The payment base of social security is mainly determined according to the average monthly salary of the society in the area where the employees are located in the previous year. The minimum social security for employees should not be less than 60% of the average social wage, and the maximum should not be higher than 300% of the average social wage. For on-the-job employees, the monthly salary of employees is generally the payment base. In order to save costs, most companies usually pay social security fees to employees at the lowest payment base. In other words, as long as the average social wage rises, the minimum social security payment will also rise.
Legal basis: Article 4 of the Social Security Law of People's Republic of China (PRC) * * * 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 and interests records, and ask 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.
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