The difference between provincial social insurance and municipal social insurance

Legal analysis: (1) With different business divisions, provincial social insurance institutions generally handle the social insurance business of provincial employers, state-owned employers in this province and their employees. Municipal social insurance agencies mainly handle the social insurance business of municipal employers and their employees.

(2) The payment base is different. Provincial social insurance institutions generally take the provincial administrative region as the overall planning area, while municipal insurance institutions generally take the municipal administrative region as the overall planning area. The average economic development level and the average wage level of employees are different, which leads to different social insurance payment bases.

(3) Social insurance benefits are different. For example, the second paragraph of Article 15 of the Social Insurance Law stipulates that "the basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount and average life expectancy of urban population". Because the payment base and the average salary of employees in the provinces and cities are different, the two basic pensions are also different.

Legal basis: According to Article 15 of the Social Insurance Law of People's Republic of China (PRC), endowment insurance consists of overall pension and individual account pension.

The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.