Base and proportion of old-age insurance in Shijiazhuang

The average annual wage of employees above the approved payment base (referred to as the provincial social wage) is the benchmark. (a) the wage income of enterprise employees is lower than 60% of the province's social wages, and the payment base is approved by 60%; Higher than 60% of the provincial social wage, the payment base shall be approved according to the actual wage income, but not higher than 300% of the provincial social wage. (2) individual workers can independently determine the payment base within the scope of more than 300% of the provincial social wages.

Legal objectivity:

Interim Measures for the Administration of Individual Accounts of Employees' Basic Endowment Insurance

Article 7

Generally speaking, the average monthly salary of employees in the previous year is the personal contribution base (where conditions permit, the salary of employees in the previous month can also be used as the personal contribution base, the same below). The average monthly salary is calculated according to the items listed in the total wages statistics stipulated by the National Bureau of Statistics, including wages, bonuses, allowances, subsidies and other income. If my average monthly salary is lower than 60% of the average monthly salary of local employees, I will pay 60% of the average monthly salary of local employees;

If it exceeds 300% of the average monthly salary of local employees, it will be paid according to 300% of the average monthly salary of local employees, and the excess will not be included in the base of payment salary or pension.

People's Republic of China (PRC) social insurance law

Article 64

The basic old-age insurance fund will gradually implement national overall planning, and other social insurance funds will gradually implement provincial overall planning. The specific time and steps shall be stipulated by the State Council.