What does the social security contribution base and total amount mean

The contribution base is the basis for the proportional contribution of the insured. For a company, the contribution base is the total salary of all employees of the company; for an individual, the contribution base is the individual's monthly salary. Generally, the contribution base is based on one's salary income in the previous year. According to Article 70 of the Labor Law, the state develops social insurance, establishes a social insurance system, and sets up a social insurance fund, so that workers can get help and compensation in cases of old age, illness, work injury, unemployment, and childbirth. Article 71 The level of social insurance shall be commensurate with the level of socio-economic development and the affordability of society. Article 72 Social insurance funds determine their sources of funding in accordance with the type of insurance and gradually implement social integration. Employers and workers must participate in social insurance and pay social insurance premiums in accordance with the law. Article 73 Workers shall enjoy social insurance benefits in accordance with the law under the following circumstances: (1) retirement; (2) illness or injury; (3) work-related disability or occupational disease; (4) unemployment; and (5) childbirth. When a worker dies, his or her survivors are entitled to survivor's benefits in accordance with the law. The conditions and standards under which workers are entitled to social insurance benefits are set forth in laws and regulations. Social insurance benefits enjoyed by workers must be paid in full and on time.

Article 60 of the Social Insurance Law stipulates that employers shall declare and pay social insurance premiums on their own, in full and on time, and shall not defer or reduce payment except for force majeure and other legal reasons. Employees shall pay the social insurance premiums by the employer on behalf of the withholding, the employer shall inform the person of the details of the payment of social insurance premiums on a monthly basis. Individual entrepreneurs without employees, part-time workers who do not participate in social insurance with their employers, and other flexibly employed persons may pay social insurance premiums directly to the social insurance premium collection organization.