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What is the minimum social security payment base in Hefei?
40 19 yuan per month. According to the inquiry of official website of Hefei Human Resources and Social Security Bureau, the minimum payment base of social security refers to the minimum social security premium standard that people who participate in social security must pay every month. The minimum social security payment base standard is determined according to 60% of the average monthly salary of employees in the city last year. Social security, that is, social insurance, refers to a non-profit social security system that the state forces most members of society to participate in in order to prevent and share social risks such as old age, unemployment, illness and death and realize social security.
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