Lanzhou social security contribution base

The base figure of social security contribution is the standard of social insurance contribution, and the amount of contribution is approved according to the base figure and coefficient. The social security contribution base is sixty to three hundred percent of the average social wage as the contribution base, for example, the average social wage is one thousand yuan, the contribution base can be six hundred to three thousand yuan. The social insurance base, referred to as the social security base, refers to the social insurance contribution base of an employee in a social security year. It is determined by the monthly average of all wage income earned by the employee from January through December of the previous year. The social insurance contribution base is an important basis for calculating the social insurance contributions to be paid by the employer and its employees and the social insurance benefits of the employees, and there is an upper limit and a lower limit, and the specific amount will be determined according to the actual situation in each region.

Legal basis:

The People's Republic of China Social Insurance Law

Article 11: The basic pension insurance shall be a combination of social coordination and individual accounts. The basic pension insurance fund consists of contributions from employers and individuals and government subsidies.

Article 12 An employing unit shall contribute to the basic pension insurance fund in accordance with the proportion of the total wages of its employees prescribed by the State. Employees shall pay the basic pension insurance premiums in accordance with the proportion of their own wages stipulated by the state and credited to their individual accounts. Individual business households without employees, part-time workers who do not participate in the basic pension insurance in the employer and other flexible employment to participate in the basic pension insurance, should pay the basic pension insurance premiums in accordance with the state regulations, respectively, credited to the basic pension insurance fund and individual accounts.