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Guangzhou social security grade standard
The standard of social security grade in Guangzhou is based on the average monthly salary of employees in Guangzhou last year and divided into different grades according to different payment ratios. The lowest grade is 60% of the payment base, and the highest grade is 300% of the payment base.
Social insurance premiums paid by different grades are different. If the wages of employees are lower than the average wage of last year, social insurance premiums shall be paid according to the lowest grade, and if the wages of employees of all types are three times higher than the average wage of last year, social insurance premiums shall be paid according to the highest grade.
The concept of social security
Social insurance is the most important part of the social security system. Therefore, when discussing the history of social insurance, social insurance cannot be separated from social security.
Social insurance refers to the system that the state establishes a social insurance fund through legislation to give necessary material help to workers who participate in labor relations when they lose their ability to work or are unemployed. Social insurance is not for profit.
Social insurance provides basic living security for workers. Workers can enjoy social insurance benefits as long as they meet the conditions for enjoying social insurance, that is, they have established labor relations with employers or paid various social insurance premiums according to regulations.
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