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Yixing social security individual payment standard
Legal analysis: From 2002 11June to 20021June 30, the upper limit of the basic old-age insurance payment for employees in the province was temporarily implemented at 19335 yuan/month, and the lower limit was temporarily implemented at 3368 yuan/month. Individual employees (including employees of individual industrial and commercial households) take their average monthly wage income as the payment base, and the insured enterprises shall timely handle employee registration or base declaration according to the above-mentioned social security base declaration provisions.
Legal basis: Article 2 of the Social Insurance Law of People's Republic of China (PRC) The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance, maternity insurance, etc., to protect citizens' right to get material help from the state and society according to law in case of old age, illness, industrial injury, unemployment and maternity.
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