How to calculate personal social security

Legal analysis: total social security payment = endowment insurance+medical insurance = endowment insurance payment base × payment ratio (18%-28%)+ medical insurance payment base × payment ratio (6%- 10%).

How to calculate individual social security contributions? Calculated by pre-tax salary:

1. Endowment insurance-20% for the unit and 8% for the individual;

2. Medical insurance premium-unit 8% supplementary medical care 1.2%=9.2%, and individual pays 2%;

3. Unemployment insurance-2% for units and 0% for individuals;

4. Work-related injury insurance-unit 0.6%;

5. Maternity insurance-unit 0.9%.

The proportion of old-age pension is basically the same in the whole country, and other proportions are slightly different, subject to local regulations.

Social security is social insurance, including industrial injury insurance, unemployment insurance, maternity insurance, old-age insurance and medical insurance. It is compulsory insurance that enterprises must pay to employees according to the labor law. This is a livelihood insurance, not for profit. Social insurance can provide the most basic insurance protection for employees.

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

Tenth employees should participate in the basic old-age insurance, and employers and employees should pay the basic old-age insurance premium.

Twenty-third employees should participate in the basic medical insurance for employees, and employers and employees should pay the basic medical insurance premiums in accordance with state regulations.

Article 33 Employees shall participate in work-related injury insurance, and the employer shall pay the work-related injury insurance premium, while employees shall not pay the work-related injury insurance premium.