Organizations social security contribution ratio

Ratio of social security contributions for institutions

1. Basic pension insurance premiums are borne by both the institution and the individual***, and the proportion of basic pension insurance premiums paid by the institution is generally no more than 20% of the institution's total wages. The proportion of basic pension insurance premiums paid by individuals is 8% of their own wages.

2. If the wage base is lower than 60% of the average wage of local employees, the wage base for individual contributions shall be calculated at 60% of the average wage of local employees. The maximum contribution wage base shall not exceed 300% of the average wage of local in-service employees.

The proportion of pension insurance contributions for temporary staff of institutions

1. The employer shall pay the basic pension insurance premiums at the rate of 20% of the sum of the wage base of the individual contributions of the temporary staff, and at the rate of 8% of the average monthly wage of the previous year (the first month's wage of the newly recruited staff) of the temporary staff themselves. The average monthly salary of temporary staff is less than 60% of the average monthly salary of the province's employees in the previous year, the province's average monthly salary of the province's employees in the previous year, 60% of the average monthly salary of the province's employees in the previous year as the basis for the contribution;

2. Higher than the province's average monthly salary of the province's employees in the previous year, the province's average monthly salary of the province's employees in the previous year, the average monthly salary of the province's employees in the previous year, the basis for the contribution to the 300% of the average monthly salary of the province's employees.

Legal basis:

"The State Council on the reform of the pension insurance system for the staff of the institutions of the State Council" 3, the implementation of the basic pension insurance system combining social integration and individual accounts. Basic pension insurance premiums are borne by the unit and the individual **** the same burden. The proportion of basic pension insurance premiums paid by the unit (hereinafter referred to as the unit contribution) is 20% of the total wages of the unit, and the proportion of basic pension insurance premiums paid by the individual (hereinafter referred to as the individual contribution) is 8% of the individual's contributory salary, which is withheld by the unit. A basic pension insurance individual account is established at the amount of 8% of one's contributory salary, all of which is formed by individual contributions. The portion of the individual's salary exceeding 300% of the average salary of local on-the-job employees in the previous year is not counted as part of the individual's contribution wage base; if it is lower than 60% of the average salary of local on-the-job employees in the previous year, the individual's contribution wage base is calculated according to 60% of the local on-the-job employee's average salary.

Individual account storage amount is only used for the staff's old age, shall not be withdrawn in advance, and the interest is calculated annually in accordance with the bookkeeping interest rate announced by the state, and is exempted from interest tax. If a participant dies, the balance of the individual account can be inherited in accordance with the law.