When the company buys social security for the first time, it will buy it according to the standard of 1500. Comprehensive social security individuals and companies can deduct as much as they want.

1, payment amount = payment base * payment ratio.

2. The proportion of social security contributions is generally as follows:

Endowment insurance: 20% for units and 8% for individuals;

Medical insurance: 8% for units and 2% for individuals;

Unemployment insurance: 2% for the employer and 0/%for the individual.

Industrial injury insurance and maternity insurance are entirely borne by enterprises, each at around 1%, and individuals do not need to pay.

3. The payment base is determined according to the individual wage level (within the range of 300%-60% of the local average social wage) and shall not be lower than the minimum payment standard.

Every place has different policies. For details, please consult your company's financial payment base and payment ratio. You will know whether you have to declare your finances every month.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.