Shenzhen social security base and the relationship between wages

Shenzhen's social security is divided into three grades, old-age, industrial and commercial, unemployment, maternity payment ratio remains unchanged, mainly medical insurance to divide, divided into the basic medical first grade, the basic medical second grade and the basic medical three grades; its contributions, treatment and adapt to the population are different. Social insurance is a social and economic system that provides income or compensation for people who are incapacitated for work, temporarily lose their jobs or suffer losses due to health reasons. The main items of social insurance include old-age insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance. Pension insurance is based on the contribution base x 19%; comprehensive medical insurance: based on the contribution base x 9%; financial subsidy standard: 10 yuan. Workers' compensation insurance: 0.5% of the contribution base; Unemployment insurance: the average monthly salary of on-the-job workers in the previous year multiplied by 0.4% (4205 multiplied by 0.4% = 16.82); Housing provident fund: None; Individual business households, non-engaged workers, retired persons, retired rehired persons and freelancers are not included in the scope of payment, and the proportion of the contribution is adjusted in accordance with the adjustment of the ratio of the implementation of the adjusted ratio. The reported contribution base shall be based on the actual income, but shall not be lower than 60% (4205 yuan times 60%) of the average monthly salary of the city's on-the-job employees in the previous year, and shall not be higher than 300% (4205 yuan times 3) of the average monthly salary of the city's on-the-job employees in the previous year.

Article 12 of the Social Insurance Law of the People's Republic of China (PRC) Employers shall pay the basic pension insurance premiums in accordance with the proportion of the total wages of the employees of the organization as stipulated by the State, which shall be credited to the Basic Pension Insurance Co-ordination Fund. Employees shall pay basic pension insurance premiums in the proportion of their own wages as prescribed by the State, which shall be credited to their individual accounts. Article 15 of the Law of the People's Republic of China on Social Insurance The basic pension consists of the coordinated pension and the individual account pension. The basic pension is determined on the basis of the individual's accumulated years of contributions, the wages paid, the average wages of local employees, the amount in the individual account, and the average life expectancy of the urban population. Article 35 of the Social Insurance Law of the People's Republic of China Employers shall pay work-related injury insurance premiums in accordance with the total wages of the employees in the unit and at the rate determined by the social insurance agency.