Nantong Social Security 2023 Payment Standard

According to the latest Regulations on Social Insurance Management in Nantong, in 2023, the payment standard of endowment insurance for employees in Nantong will be 12% and 8% for individuals, and the maximum payment base will be 17042 yuan. The specific payment amount also needs to be calculated according to the employee's position, working years and other factors.

The Regulations on the Administration of Social Insurance in Nantong City is a local regulation formulated by Nantong Municipal Government, which stipulates the specific provisions on the payment, use and supervision of social insurance in Nantong City. According to the latest management regulations, in 2023, the payment standard of endowment insurance for employees in Nantong City is as follows: in terms of payment ratio, the payment ratio of endowment insurance for employees in Nantong City is 12% and 8% for individuals; In terms of the highest payment base, the highest payment base of Nantong employee pension insurance is 17042 yuan; In terms of the specific payment amount, the specific payment amount of Nantong employee pension insurance needs to be calculated according to the employee's position, working years and other factors. For example, an employee's monthly salary is 8,000 yuan, and his pension insurance contribution should be (8,000×12%+8,000× 8%) = 960 yuan. It should be noted that Nantong's social insurance payment standard may be constantly adjusted with the change of policies, and changes in wages, subsidies and other factors may also have an impact on the specific payment amount. Therefore, employees are advised to pay attention to policy changes in time and pay social insurance in full and on time.

What other provisions are there in the Regulations of Nantong Municipality on Social Insurance Management? The Regulations on the Administration of Social Insurance in Nantong stipulates the management and operation norms of various social security in Nantong, including medical insurance, industrial injury insurance, unemployment insurance and other specific provisions. For example, the payment ratio of medical insurance is 10% for the unit and 2% for the individual, and the maximum payment base is 17042 yuan. The contribution rates of industrial injury insurance and unemployment insurance are 0.5% and 1% respectively, and individuals do not need to pay. In addition, the Regulations of Nantong Municipality on Social Insurance Management also stipulates the management, use principles and supervision of social security funds to ensure the safe and rational use of social security funds.

The Regulations on the Administration of Social Insurance in Nantong City is a local regulation promulgated by Nantong Municipal Government, which defines the payment standard of endowment insurance for employees in Nantong City and other specific provisions on social security. Workers should pay close attention to policy changes in a timely manner, pay social security fees in full and on time, and safeguard their social security rights and interests.

Legal basis:

"Nantong social insurance management regulations" Article 7 Article 13 The pension insurance rate shall be determined by Nantong Human Resources and Social Security Bureau in conjunction with Nantong Municipal Finance Bureau and reported to the municipal government for approval.