Job Recruitment Website - Social security inquiry - Wages over the social security contribution base of the first tranche did not reach the second tranche how to pay contributions
Wages over the social security contribution base of the first tranche did not reach the second tranche how to pay contributions
Pay your contributions according to the first contribution base.
The social security contribution base is determined according to the employee's average monthly salary in the previous year, and the maximum and minimum contribution base are 300% and 60% of the local employee's average salary respectively. If an individual's salary exceeds the first tranche but does not reach the second tranche, then social security contributions are to be made in accordance with the contribution base of the first tranche. It is necessary to calculate the specific amount determined according to local regulations to pay the corresponding proportion of social security costs.
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