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Nanjing social security base
The base of social insurance payment in Nanjing is determined according to the average monthly income of employees from June 1 to June 12 of the previous year. Once a year, it will not change within one year after confirmation. The time to apply for adjusting the social security base is July. The payment base of social security refers to the wage base used by enterprises or employees to calculate and pay social insurance premiums. This base multiplied by the prescribed rate is the amount of social insurance premiums that enterprises or individuals should pay. Enterprises take the total wages of enterprise employees as the payment base, and individual employees pay social insurance premiums based on their average monthly wages in the previous year. In China, the payment base is approved by the social insurance agency according to the employer's declaration. The base of social insurance payment in Nanjing is determined according to the local economic development level, and should be handled in strict accordance with the procedures and requirements stipulated in the above laws. The parties may submit relevant materials to the social security department for identification according to law, and pay the prescribed fees on a monthly basis after determining the base according to law.
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