Minimum standard of five insurances and one gold in Shangqiu

A: The minimum standard of five insurances and one gold in Shangqiu varies according to the types of insurance and payment methods. Generally speaking, the minimum payment base of endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance in Shangqiu City is determined according to the average monthly salary of employees in the whole city in the previous year. For specific standards, please consult the local social security department or relevant institutions.

The minimum deposit base of Shangqiu housing provident fund is determined according to the average monthly salary of employees in the city in the previous year. Specific standards can also consult the local provident fund management center or related institutions.

To sum up, the minimum standards of five insurances and one gold in Shangqiu are determined according to the local economic and social development level and policies, and the specific standards can be consulted with relevant local departments or institutions.

Legal basis:

The Social Insurance Law of People's Republic of China (PRC) stipulates that the state shall establish social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to get material help from the state and society in accordance with the law in case of old age, illness, industrial injury, unemployment and maternity. At the same time, the Regulations on the Management of Housing Provident Fund also stipulates that units should pay housing provident fund for employees, and individual employees should also pay housing provident fund. Therefore, the minimum standard of five insurances and one gold in Shangqiu is determined according to relevant national laws, regulations and policies.