How much does Guangzhou social security individual pay every month?

How much does Guangzhou social security individual pay every month? The specific amount in 2024 needs to be determined according to the payment base and payment ratio at that time.

Since social security includes endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance, the payment ratio of each insurance type is fixed, but the payment base will be adjusted according to the local economic development level and the average wage level of employees. For example, if calculated according to the proportion of social security contributions in Shanghai in 2022, pension insurance units will pay 16% and individuals will pay 8%; Medical insurance plus maternity insurance (joint) units pay 10%, and individuals pay 2%; Unemployment insurance units and individuals each pay 0.50%; Work-related injury insurance is paid by the unit, and the proportion is between 0. 16%- 1.52%, and individuals do not pay it. Housing provident fund is usually paid by units and individuals at 8% each. Specific to the amount of social security contributions in Guangzhou in 2024, we need to refer to the payment base and proportion announced in that year.

Calculation method of individual contribution ratio of social security in Guangzhou;

1. Determine personal wage income;

2. According to the payment ratio of Guangzhou endowment insurance, calculate the endowment insurance premium that individuals should pay, that is, 8% of personal wage income;

3. Determine the social insurance types of the unit where the individual works, including pension, medical care, unemployment, work injury and maternity insurance;

4. According to the proportion of individual contributions of various insurances, calculate the individual contributions of various social insurances respectively. The individual contribution rate of endowment insurance is 8%, that of medical insurance is 2%, that of unemployment insurance is 0.5%, and industrial injury insurance and maternity insurance are not paid.

5. Add up the individual social insurance contributions calculated above to get the total individual social insurance contributions.

To sum up, how much does Guangzhou social security individual pay every month? The specific amount in 2024 needs to be determined according to the payment base and payment ratio at that time. Social security includes endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance. The payment ratio of various insurances is fixed, but the payment base will be adjusted according to the local economic development level and the average wage level of employees.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 59

The people's governments at or above the county level shall strengthen the collection of social insurance premiums. Social insurance premiums shall be uniformly collected, and the implementation steps and specific measures shall be stipulated by the State Council.