What is the meaning of social security pension base

Social security pension base is the pension insurance contribution base, is the calculation of the proportion of pension premiums should be paid as follows:

1, the pension insurance base is generally related to the base of my salary, and the amount of future pension has nothing to do with the amount of money, but if the actual income of the insured person is higher than or lower than the average social wage, then the pension insurance base will be adjusted accordingly. However, if the actual income of the insured person is higher or lower than the average social wage, then the pension insurance base will be adjusted accordingly;

2. The pension insurance base is generally determined according to the average annual wage of the employee in the previous year, divided by 12, which is the monthly contribution technology; if the employee's salary is higher than three times the average social wage, then the pension insurance base is calculated in accordance with the three times the average social wage, and the part exceeding the average social wage will not be taken as the contribution base; if the employee's salary is lower than 60 percent of the average social wage, then the pension insurance base is calculated according to 60% of the average monthly social wage.

Legal basis: Article 12 of the Social Insurance Law of the People's Republic of China

The employer shall pay the basic pension insurance premiums in accordance with the ratio of the total wages of the employees of the employer as stipulated by the State, and credit it to the Basic Pension Insurance Co-ordination Fund.

Employees shall pay basic pension insurance premiums in the proportion of their own wages as prescribed by the State, which shall be credited to their individual accounts.

Individual industrial and commercial households without employees, part-time workers who have not participated in the basic pension insurance in the employing organization, and other flexibly employed persons participating in the basic pension insurance shall pay the basic pension insurance premiums in accordance with the state regulations, which shall be credited to the basic pension insurance general fund and the individual account respectively.