How much does Hangzhou social security pay in that month?

Generally, it is the 25th; Hangzhou social security will be issued on the 25th of each month at the latest. Individuals who directly participate in the insurance need to pay relevant social insurance premiums in advance to avoid unsuccessful deduction of social insurance premiums due to forgetting to pay.

Pay social security for urban and rural residents: You need to have a local household registration in the insured place, and you can go directly to the street or community social security service outlets to go through the insurance procedures.

Participate in insurance as flexible employment: Freelancers can participate in social insurance in the form of flexible employment, often employee social insurance, but individuals can only participate in medical care and old-age insurance.

Looking for social security payment: in the case that individuals cannot directly participate in social security, they can also find a third-party social security agency to complete social security payment; After communicating the specific requirements of payment with the relevant staff of the payment institution, the payment institution will participate in social security for you as required.

If social security is paid through a third-party institution, the relevant fees shall be paid to the payment platform according to the requirements of the payment institution, and the specific time shall be subject to the actual requirements of the payment institution; After that, there is no need to deal with social security deduction, and it will be deducted directly from the account of the payment institution.

Flexible employees and individual industrial and commercial households (excluding individual industrial and commercial households participating in the basic old-age insurance for employees in Hangzhou), the monthly payment amount = monthly payment base × payment ratio, and the monthly payment base is selected by the insured according to 60%-300% of 79 133 yuan/month (the weighted average monthly salary of non-private and private employees in Zhejiang Province in 2020), and the payment ratio is 65,430.

Legal basis:

Article 72 of the Labor Law of People's Republic of China (PRC) determines the sources of social insurance funds according to the types of insurance, and gradually implements social co-ordination. Employers and workers must participate in social insurance and pay social insurance premiums according to law.

"Decision of the State Council on Establishing the Basic Medical Insurance System for Urban Employees" Article 2, paragraph 3, medical insurance premiums shall be paid jointly by employers and employees. The employer's contribution rate should be controlled at about 6% of the total wages of employees, and the employee's contribution rate is generally 2% of his salary income. With the development of economy, the contribution rates of employers and employees can be adjusted accordingly.