Yantai social security payment base in 2023

According to the regulations issued by Yantai Social Security Bureau, the social security payment base of Yantai in 2023 is 9 196 yuan, which is three times the average wage in 20 19.

In May, 2023, Yantai Social Security Bureau issued the Notice on Issues Concerning the Adjustment of Employees' Social Insurance Payment Base, which clearly stipulated that the social insurance payment base of Yantai in 2023 was 9 196 yuan, which was three times the average social wage of employees in Yantai in 20 19. This means that the social security payment of Yantai employees should be based on 9 196 yuan. Social security payment base refers to the corresponding salary base when paying social security insurance premiums. The level of payment base directly affects the social insurance benefits of the insured and the payment amount of social insurance premiums. The adjustment of Yantai social security payment base aims at improving the social security level and allowing more employees to enjoy better social insurance benefits. It should be noted that the payment base is jointly determined by the insured units and individuals. Enterprises can choose to pay according to the minimum payment base stipulated by the state, but they can also choose a higher payment base in order to provide employees with more comprehensive social insurance protection.

Is it necessary to continue to pay social insurance premiums if the individual payment base exceeds the prescribed payment base? When the individual payment base is higher than the prescribed payment base, you can choose to stop paying the excess. However, it should be noted that after the over-payment stops, the corresponding social security benefits will be reduced accordingly. Therefore, whether to stop payment needs to be comprehensively considered according to personal actual situation and risk preference.

In a word, Yantai's social security payment base in 2023 is 9 196 yuan, which is three times the average wage in 20 19. Employees and their units shall pay social insurance premiums in accordance with the regulations, and independently choose the payment base according to the actual situation and risk preference. This can provide comprehensive social insurance for yourself and your family.

Legal basis:

"People's Republic of China (PRC) Social Insurance Law" Article 26 The treatment standards of basic medical insurance for employees, new rural cooperative medical care and basic medical insurance for urban residents shall be implemented in accordance with state regulations. Twenty-eighth medical expenses that meet the basic medical insurance drug list, diagnosis and treatment items, medical service facilities standards and emergency treatment and rescue shall be paid by the basic medical insurance fund in accordance with state regulations.