What does the personal deposit base mean?

Hello: Personal deposit base refers to the payment base when individuals pay social security or provident fund. If you have a job, the personal deposit base is generally based on the salary level of the first year of work, and then the annual deposit base is the average payment of the previous year. If there is no job, the payment base is the local minimum living standard.

Provident fund is a long-term housing savings paid by enterprises and employees for employees, which can be used for housing transactions such as loans to buy a house or pay rent. Once the provident fund begins to be paid, it shall not be interrupted unless the employee retires or leaves the place where it is paid. The provident fund shall not be paid in cash, and can only be deposited into the designated bank provident fund account. The payment base is the standard used to determine individuals and pay social security. There are upper and lower limits on the social insurance payment base, and the minimum can not be lower than 60% of the average monthly salary of employees in the whole city last year (employees in private enterprises, employees in individual industrial and commercial households and employees in non-local urban households shall not be lower than 50%, and shareholders and owners of private enterprises as legal persons and individual industrial and commercial households shall not be lower than100%); The maximum can not be higher than 300% of the average monthly salary of employees in the city last year. The average wage of employees in this Municipality is published annually by the Municipal Bureau of Statistics. The social security payment base is 60%-300% of the average social wage. For example, the average social wage 1000 yuan, and the payment base can be 600 yuan-3,000 yuan. Social security will verify the social security base at a fixed time every year (March or July, in different places) and release the latest minimum base and maximum base. Generally speaking, enterprises help employees pay the minimum social security. Of course, some companies will pay social security for their employees according to the average salary of the previous year. Unit deposit base and individual deposit base provident fund: the deposit base of individual housing provident fund refers to how much provident fund you should pay according to this figure.

If an individual has a job, the basic salary is the base of individual contributions in the first year of work, and the base after that is the average of total contributions in the previous year. If there is no job, the local minimum living standard will be used as the payment benchmark.

Legal basis "Regulations on the Administration of Social Insurance Fee Declaration and Payment"

Article 4 The employing unit shall make a monthly payment declaration to the local social insurance agency within the prescribed time limit, and the declaration items include:

(a) the name, organization code, address and contact information of the employer;

(two) the employer's bank, account name and account number;

(three) the employer's payment insurance, payment base, rate and payment amount;

(four) the roster of employees and the payment of employees;

(five) other matters stipulated by the social insurance agency.

In a payment year, after the initial declaration by the employer, the remaining months can only declare the changes in the matters specified in the preceding paragraph; If there is no change, it may not be declared.

Article 5 The social insurance premiums payable by employees shall be declared by the employer on their behalf. The items declared on behalf of employees include: employee's name, social security number, employment type, contact address, withholding details, etc.

The details and changes of the payment declared by the employer on behalf of the employee must be signed by the employee himself and kept by the employer for future reference.

Article 6 If the employing unit has difficulty in handling the social insurance payment declaration in the social insurance agency, it may file the declaration by mail with the consent of the social insurance agency. The actual declaration date is the postmark date of the mailing place.