Guangzhou city social security contribution base for the past years

The social security contribution base of Guangzhou City in the past years is the minimum contribution amount set by the government, which is related to the salary level of the employees. The social security contribution base adjustment mechanism has been implemented since 2010 and is adjusted annually. The current social security contribution base for Guangzhou in 2021 is 13,296 yuan.

Guangzhou's social security contribution base for the past years refers to the minimum contribution amount set by the Guangzhou municipal government. Guangzhou has implemented a social security contribution base adjustment mechanism since 2010, which is adjusted annually. The social security contribution base is the city's minimum contribution standard set on the basis of the salary level of employees. When employees pay social security fees, the fees they pay cannot be lower than the social security contribution base. The current social security contribution base in Guangzhou is set by the Guangzhou Human Resources and Social Security Bureau, which is accounted for on the basis of the average salary level of city residents and prices, and is adjusted once a year. According to the latest data, the social security contribution base for Guangzhou in 2021 is 13,296 yuan. The higher the contribution base, the higher the social security contributions and corresponding social security benefits of the employees will be accordingly increased. It should be noted that the social security contribution base is not equal to the employee's salary level; the social security contribution base is only the minimum contribution amount stipulated by the government. The actual social security fees paid by the employee when participating in social security will also be calculated according to his or her salary level.

What is the impact of the social security contribution base adjustment on employees? The adjustment of the social security contribution base will affect the social security contribution of the employee and the corresponding level of social security benefits. The higher the contribution base, the higher the social security fees that the employee needs to pay, but at the same time, the employee's social security benefits will also increase accordingly. In addition, the adjustment of the social security contribution base will also affect the enterprise's social security contributions, if the enterprise's employee contribution base is higher than the required contribution base, the enterprise needs to bear more social security costs.

The social security contribution base for Guangzhou city in the past years is the minimum contribution amount set by the government, and the actual social security fees paid by the employees when they join the social security will also be calculated according to their salary level. The contribution base will affect the employee's social security contributions and the corresponding level of social security benefits, and will also have an impact on the enterprise's social security contributions.

Legal basis:

Article 14 of the Guangzhou Municipal Regulations on Social Insurance Social insurance premiums shall be levied in accordance with the standards for social insurance premiums set by the people's government of the city. The standard of social insurance premium contributions shall be linked to the wages and welfare benefits of employees, and shall be determined by a method that is not lower than the average monthly wage level of employees in the city.