What is the social security interest rate?

Legal analysis: According to the information released by Ministry of Human Resources and Social Security and the Ministry of Finance, the personal account bookkeeping interest rate of employee basic old-age insurance in 20 19 years is 7.6 1%, 8.29% in 20 18 years and 7. 12% in 20 16 years.

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

Article 59 People's governments at or above the county level shall strengthen the collection of social insurance premiums.

Social insurance premiums shall be uniformly collected, and the implementation steps and specific measures shall be stipulated by the State Council.

Article 60 The employing unit shall declare on its own and pay social insurance premiums in full and on time. Except for legal reasons such as force majeure, the payment shall not be postponed or reduced. The social insurance premiums that employees should pay shall be withheld and remitted by the employer, and the employer shall inform me of the details of paying social insurance premiums on a monthly basis.

Individual industrial and commercial households without employees, part-time employees who have not participated in social insurance in the employing units and other flexible employees can pay social insurance premiums directly to the social insurance premium collection agencies.