2023 social security base

2023 Social Security Base Ratio is as follows:

1. Pension Insurance

Pension insurance individual contribution ratio is 8% of the base, and the unit contribution ratio is 20% of the base;

2. Medical Insurance

Medical insurance individual contribution ratio is 2% of the base, and the unit contribution ratio is 10% of the base;

3, Unemployment insurance

Unemployment insurance individual contribution rate is 0.2% of the base, the unit contribution rate is 1% of the base;

4. Maternity insurance

Maternity insurance individual does not contribute, the unit contribution rate is 0.8% of the base;

5. Workers' compensation insurance

Workers' compensation insurance individual does not contribute, the unit contribution rate is 0.8% of the base;

6. 0.8%;

6, provident fund

Provident fund individual contribution rate of 12% of the base, the unit contribution rate of 12% of the base.

The calculation of the base for social security contributions is as follows:

1. If the salary income of an employee is higher than 300% of the average salary of the local employees in the previous year, 300% of the average salary of the local employees in the previous year will be used as the base for contributions;

2. If the salary income of an employee is lower than 60% of the average salary of the local employees in the previous year, 60% of the average salary of the local employees in the previous year will be used as the contribution base;

3. If the employee's salary is between 300% and 60%, it will be declared according to the actual situation. When the salary income of the employee cannot be determined, the contribution base is determined according to the average salary of the local employees in the previous year announced by the local labor administration department as the contribution salary.

In summary, the contribution base for social security is calculated according to the monthly average of all wage income earned by employees in the previous year. The contribution base of social security can calculate the amount of social insurance premiums that an enterprise or an individual should pay, which is calculated by multiplying the contribution base by the rate.

Legal basis:

Article 60 of the Social Insurance Law of the People's Republic of China

The employer shall declare and pay the social insurance premiums on its own, in full and on time, and shall not suspend or reduce the payment of social insurance premiums except for force majeure and other legal reasons. The social insurance premiums to be paid by employees shall be withheld and paid on behalf of the employer, and the employer shall inform the individual of the details of the payment of social insurance premiums on a monthly basis.

Individual industrial and commercial households without employees, part-time workers who do not participate in social insurance with their employers, and other flexibly employed persons may pay social insurance premiums directly to the social insurance premium collection organization.

Article 12

The employing unit shall pay the basic pension insurance premiums in accordance with the proportion of the total wages of the employees of the unit as prescribed by the State, and credit them to the Basic Pension Insurance Coordination Fund.

Employees shall pay basic pension insurance premiums in accordance with the proportion of their own wages prescribed by the State and credited to their individual accounts.

Individual industrial and commercial households without employees, part-time workers who have not participated in the basic pension insurance in the employing organization, and other flexibly employed persons participating in the basic pension insurance shall pay the basic pension insurance premiums in accordance with the state regulations, which shall be credited to the basic pension insurance general fund and the individual account respectively.