Hangzhou social security ceiling 2023

In 2023, the upper limit of Hangzhou social security payment base is 33,825 yuan, of which the proportion of individual and unit contributions is slightly different according to different types of insurance. At the same time, in recent years, Hangzhou has also made some adjustments to the social security policy, such as raising the minimum wage and increasing the choice of social security contribution base for employees.

According to the Notice of Zhejiang Provincial Department of Human Resources and Social Security and Zhejiang Provincial Department of Finance on Adjusting the Base and Upper and Lower Limits of Employees' Social Insurance Payment in 2023, the upper limit of individual social insurance payment for urban employees in Hangzhou in 2023 is 44 620 yuan, which is higher than the previous year's 42,462 yuan. It should be noted that the upper limit of individual payment is not the amount that everyone needs to pay. According to the social insurance regulations of Hangzhou, the social security payment base of employees is 65438+ 0 to 3 times of the average annual salary of employees in non-private units in the previous year. Therefore, if an individual's annual wage income exceeds 44 620 yuan, the social security fee paid by him can only be calculated according to the payment base of 44 620 yuan.

How to optimize the social security payment strategy when the individual's annual wage income exceeds the upper limit of individual payment? For employees with higher income, in order to avoid excessive pressure on social security payment, we can consider choosing commercial insurance for supplementary protection. At the same time, according to the provisions of the Social Insurance Law and the Individual Income Tax Law, individuals can pay social security fees as a deduction of personal income tax, that is, reduce the taxable income, thus reducing the personal tax burden.

In 2023, the upper limit of individual social security contributions for urban workers in Hangzhou has been raised, and it is necessary to pay social insurance premiums in full and on time in accordance with regulations. In the process of employee social security payment, the upper limit of individual payment is a problem that needs special attention. It is suggested that the majority of employees should plan the social security payment strategy reasonably according to their actual situation.

Legal basis:

"Hangzhou Social Insurance Regulations" Article 39 If a unit or individual fails to pay social insurance premiums, the social insurance administrative department shall order it to pay within a time limit and impose a fine of 0.05% of the overdue amount.