How much will Siping social security pay in 2023?

In 2023, the proportion of employees' pension and medical insurance contributions in Siping City will be 8% and 2% respectively, and that of institutions and enterprises will be 9% and 3% respectively.

From 2023, the proportion of social insurance contributions in Siping will be adjusted. According to the regulations of Siping Human Resources and Social Security Bureau, the contribution ratio of employee pension insurance is 8%, and that of medical insurance is 2%. The proportion of endowment insurance and medical insurance paid by employees in institutions and enterprises is 9% and 3% respectively. It should be noted that this is only the proportion of social insurance contributions of employees in Siping City, and the social insurance payment standards in other cities and regions may be different. At the same time, according to relevant policies, enterprises and institutions should make certain contributions to employees' social insurance contributions, and the specific proportion may vary according to the industry and the nature of enterprises. In addition, Siping City has also introduced a number of preferential social insurance policies. For example, eligible retirees can enjoy a monthly pension not less than the basic pension for urban residents if they pay 15 years. There are also special social insurance policies for the poor and the destitute.

Can social insurance contributions be paid selectively? According to the relevant national and local regulations, social insurance is compulsory, and employees, enterprises and institutions must pay social insurance premiums in accordance with the regulations. If the social insurance premium is not paid in full or not, it will affect the individual's pension insurance benefits and medical insurance benefits, and may also face punishment.

Social insurance is an important agreement between employees and enterprises, which can provide basic social security for employees and promote the development of enterprises. When paying social insurance premiums, we should abide by the relevant provisions of the state and local governments and pay attention to preventing risks.

Legal basis:

Article 15 of the Social Insurance Law of People's Republic of China (PRC) * * * Basic Pension consists of overall pension and individual account pension. The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.