Job Recruitment Website - Social security inquiry - Why is the social security unit payment 0?

Why is the social security unit payment 0?

The reason why the social security unit's contribution is zero is that the transfer part of the unit's contribution is zero, as follows:

1. The employer is applicable to the enterprise payment policy of enjoying free old-age insurance, unemployment insurance and industrial injury insurance. After enjoying the relief policy, users should pay attention to the social security payment base with reference to the local average wage of employees in the previous year, in which the minimum base of endowment insurance is 40% of the local average wage in the previous year, and the payment ratio is 20%. The minimum base of medical insurance is 60% of the local average wage in the previous year, and the contribution ratio is 5%.

2. Different from the five insurances paid by the company, the payment period of the three insurances paid by individuals is one year, and the payment period is from April to June every year, and the payment amount is the annual insurance amount. According to the requirements of national insurance standards, the method of refunding more and making up less is adopted.

Legal basis: Article 10 of the Social Insurance Law of People's Republic of China (PRC).

Employees shall participate in the basic old-age insurance, and the employer and employees shall jointly pay the basic old-age insurance premium.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium.

The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.

Article 11

The basic old-age insurance combines social pooling with individual accounts.

The basic old-age insurance fund consists of employers, individual contributions and government subsidies.