What does the social security base mean?

Social security base, namely social insurance base, refers to the social insurance payment base of employees in a social security year, which is generally determined according to the monthly average of all wages of employees in the previous year. Social security base is an important basis for calculating the social security expenses and social security benefits paid by enterprises and their employees. There are upper and lower limits, and the amount varies from place to place. Details are as follows:

1, the social security base is generally fixed for one year in the same payment year and will not be easily changed halfway. Social security base, namely social insurance base, refers to the social insurance payment base of employees in a social security year, which is generally determined according to the monthly average of all wages of employees in the previous year. Social security base is an important basis for calculating the social security expenses and social security benefits paid by enterprises and their employees. There are upper and lower limits, and the amount varies from place to place. The social security base is generally fixed within one year of the same payment year and will not change easily in the middle;

2. The payment base of social security refers to the wage base used by enterprises or employees to calculate and pay social insurance premiums. This base is multiplied by the prescribed rate, which is the amount of social insurance premiums that enterprises or individuals should pay; Local social security payment bases are linked to local average wage data. It is determined according to the average monthly wage income of employees from June 1 day to February 1 day in the previous year. Once a year, it will not change within one year after confirmation. The time to apply for adjusting the social security base is generally in July; Enterprises generally take the total wages of enterprise employees as the payment base, and individual employees take half of their average monthly salary in the previous year as the salary base for individuals to pay social insurance premiums. In China, the payment base is approved by the social insurance agency according to the employer's declaration. Generally, my salary income in the previous year is the base of payment.

Legal basis: Article 4 of People's Republic of China (PRC) Social Insurance Law.

Employers and individuals in People's Republic of China (PRC) pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights records, and require social insurance agencies to provide social insurance consultation and other related services.

Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.

Article 5

The people's governments at or above the county level will incorporate social insurance into the national economic and social development plan.

The state raises social insurance funds through multiple channels. People's governments at or above the county level shall give necessary financial support to social insurance.

The state supports social insurance through preferential tax policies.

Article 90

If the social insurance premium collection agency arbitrarily changes the base and rate of social insurance premium payment, resulting in underpayment or overpayment of social insurance premium, the relevant administrative department shall order it to recover the social insurance premium that should be paid or refund the social insurance premium that should not be paid; The directly responsible person in charge and other directly responsible personnel shall be punished according to law.