Payment base of employee endowment insurance in Hebei Province

The payment base of endowment insurance for employees in Hebei is stipulated by the local government, which is generally the average monthly salary of employees in non-private units in cities and towns in the whole province in the previous year. The specific standards vary according to factors such as different regions and the nature of enterprises.

The old-age insurance for employees in Hebei refers to the fact that employees pay a certain percentage of wages as the base to realize a certain living guarantee for employees after retirement. The payment base refers to the wage base as the calculation basis of endowment insurance, which is generally stipulated by the local government. Hebei Province stipulates that the payment base of employee pension insurance is the average monthly salary of employees in non-private units in cities and towns in the province last year, that is, "the average monthly salary in the province". Taking 2020 as an example, the average monthly salary of employees in urban non-private units in Hebei Province is 553 1 yuan. Therefore, the payment base of endowment insurance is 553 1 yuan. It should be noted that the specific standards vary from region to region and the nature of enterprises. In addition, the contribution ratio of endowment insurance is also an important factor affecting the amount of contribution. Hebei Province stipulates that employees and units shall pay the old-age insurance premium according to the ratio of "14%:20%", that is, the employee's contribution ratio is 14% and the unit's contribution ratio is 20%.

Is there a minimum and maximum payment base in Hebei Province? Hebei Province has the lowest and highest payment bases. Taking 2020 as an example, among the employees participating in the endowment insurance in Hebei Province, the minimum payment base is 4,425 yuan/month, and the maximum payment base is 22 125 yuan/month. The specific standards vary according to factors such as different regions and the nature of enterprises.

The payment base of endowment insurance for employees in Hebei is stipulated by the local government, which is generally the average monthly salary of employees in non-private units in cities and towns in the whole province in the previous year. The specific standards vary according to factors such as different regions and the nature of enterprises. It should be noted that the contribution ratio of endowment insurance is also an important factor affecting the payment amount, and employees and units should pay endowment insurance premiums according to the ratio of "14%:20%".

Legal basis:

"People's Republic of China (PRC) Social Insurance Law" Article 13 The collection base, proportion and standard of social insurance premiums shall be stipulated by the competent department of social insurance in the State Council.