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Does Ningbo migrant workers' insurance count as social security service?

Legal Analysis: Migrant workers who have participated in the social security package in Ningbo, reached the retirement age stipulated by the state, paid for 15 years, and gone through the retirement formalities in this city according to the state regulations, can enjoy the pension insurance benefits according to the relevant provisions of the basic (low-standard) pension insurance. Migrant workers who meet the conditions for going through retirement formalities in Ningbo according to state regulations after paying insurance premiums enjoy the same pension insurance benefits as enterprise retirees in Ningbo.

Legal basis: detailed rules for the implementation of social insurance for migrant workers in Ningbo (1) The social insurance mentioned in these detailed rules includes endowment insurance, serious illness medical insurance, work injury insurance, unemployment insurance and maternity insurance.

(two) employers and migrant workers to participate in social insurance from the month of establishing labor relations, the specific payment standards in accordance with the following provisions:

(1) The contribution ratio of the employer and employees shall be determined according to the contribution ratio of the basic old-age insurance. At present, the contribution rate of employers (excluding individual industrial and commercial households) is 12%, and the contribution rate of employees is 8%.

The employee payment base is determined according to the average monthly salary of the previous year, and the average monthly salary of the previous year is determined according to the actual salary of employees in the current period. The minimum payment base is not lower than the minimum wage standard of local employees at the time of reporting, and the maximum is not higher than 300% of the average monthly salary of employees in the previous year. The payment base of the employer is determined by the sum of the payment bases of all employees, and the new regulations shall prevail in the future.

(2) The contribution rate of individual industrial and commercial households is 18%, of which employers pay 10% and employees pay 8%.

The base of employee contributions is determined according to the average monthly salary of the previous year, and the average monthly salary without salary is determined according to the actual salary of the current period. If the average monthly salary of employees in the previous year is higher than 80% of the average monthly salary of employees in the previous year, the payment base shall be determined within the range of 80%-300% of the average monthly salary of employees in the previous year; If the average monthly salary of employees in the previous year is between 60% and 80%, the payment base shall be determined according to 80% of the average monthly salary of employees in the previous year; If the average monthly salary in last year is lower than 60% of the average monthly salary of employees in last year, the payment base shall be determined within 60% (excluding 60%) of the average monthly salary of employees in last year from the local minimum wage standard.