What is the minimum base of social security?

Legal analysis: 1. What is the minimum social security wage?

The minimum payment base is 60% of the local social wage, which is the minimum standard.

Payment ratio:

Pension, the unit is about 20% and the individual is 8%.

Medical insurance, the unit is about 8% and the individual is 2%.

Unemployment, the unit is about 2%, and the individual 1%.

Work-related injury, the unit is about 1%, and the individual is also.

Birth, the unit is about 0.8%, and the individual does not pay the fee.

There is no national unified payment ratio, which is slightly different from other places. The highest contribution rate of all individuals is 1 1%.

2. What is the minimum wage?

The minimum wage refers to the minimum amount of labor remuneration paid by the employer or employer on the premise that the laborer provides normal labor within the legal working hours. The minimum wage generally does not include overtime pay, special working conditions and allowances under special conditions, nor does it include insurance, welfare benefits and various non-monetary income of workers. The minimum wage should be paid on time in legal tender, which is generally formulated by a country or region through legislation. In foreign countries, in addition to the government can set minimum wage standards, organizations in certain industries can also set minimum wage standards for their own industries. The minimum wage can be determined by monthly wage or hourly wage. The establishment of the minimum wage reflects the protection of workers' rights and interests by regulatory agencies. In foreign countries, the minimum wage is the legal intervention of the government in the labor market.

Legal basis: minimum wage regulations

Fifth minimum wage standards generally take the form of monthly minimum wage standards and hourly minimum wage standards. The monthly minimum wage applies to full-time employees and the hourly minimum wage applies to part-time employees.

Article 6 In determining and adjusting the monthly minimum wage, reference should be made to the minimum living expenses of local workers and their dependents, the consumer price index of urban residents, the social insurance premiums and housing accumulation funds paid by individual workers, the average wages of workers, the level of economic development, employment status and other factors.

To determine and adjust the hourly minimum wage, we should consider the basic old-age insurance premium and basic medical insurance premium paid by the unit on the basis of the promulgated monthly minimum wage standard, and at the same time give due consideration to the differences between part-time employees and full-time employees in terms of job stability, working conditions, labor intensity and welfare benefits.

The specific calculation methods of monthly minimum wage and hourly minimum wage are shown in the annex.