Differences between Hangzhou Social Security and Hainan Social Security

Different social security institutions, different payment bases, different payment bases, and ultimately different flows.

Hainan social security is managed by provincial social security institutions, and Hangzhou social security is managed by Hangzhou social security institutions. The payment base is calculated according to the average wage of different social workers. The payment base of provincial overall planning is based on the average monthly salary of employees in the whole province last year, and the municipal overall planning is based on the average monthly salary of employees in the local area last year. Social security in Hainan Province can be used in the whole province of Hainan Province if it is based on overall planning of the whole province. Hangzhou social security, with the local city as the overall scope, is generally limited to local use. The money co-ordinated at the provincial level in Hainan Province will eventually flow to the funds managed at the provincial level, and the money co-ordinated in Hangzhou will eventually flow to the funds managed in Hangzhou.