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What is the minimum social security standard?
The social insurance payment base is an important basis for calculating the social insurance premiums and social insurance benefits paid by employers and their employees. There are upper and lower limits, depending on the actual situation in each region.
The minimum payment base of the payment ratio is 60% of the local social wage, which is the minimum standard. Payment ratio: pension, about 20% for the unit and 8% for the individual; Medical insurance, about 8% for units and 2% for individuals; Unemployment, the unit is about 2%, and the individual1%; Work injury, the unit is about 1%, and the individual does not pay it; Birth, the unit is about 0.8%, and the individual does not pay. There is no national unified payment ratio, which is slightly different from other places. The highest contribution rate of all individuals is 1 1%.
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