Minimum base of social security payment

The minimum base of social security contributions is 60% of local social wages, 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%.

The proportion of social security units and individuals is as follows:

1, endowment insurance: 20% paid by the unit and 8% paid by the individual;

2. Medical insurance: the unit pays 8% and the individual pays 2%;

3. Unemployment insurance: unit 2%, individual1%;

4. Work injury insurance: the unit pays 0.5%, and the individual does not pay;

5. Maternity insurance: the unit pays 0.8%, and the individual does not.

To sum up: every year, social security will regularly check the social security base and release the latest minimum base and maximum base. To declare the average monthly salary of employees in the previous year as the new base, it is necessary to prepare the proof of these salary tables. The minimum social security payment base is 60% of the average salary of local employees in the previous year. The average salary of local employees in the previous year can be consulted by the local social security bureau.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 16

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age.

Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis;

Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, in accordance with the provisions of the state, government and hospitals to enjoy the corresponding pension insurance benefits.