Five-insurance payment base standard

The payment base of five insurances and one gold is generally 60%-300% of the average salary of employees in the previous year, as shown in the following:

1. If the average salary of last year was 300% or more higher than the average salary of local employees at the end of last year, the payment base of five insurances and one gold shall be calculated according to 300% of the average monthly salary;

2. If the average wage of last year is lower than 60% or less of the average wage of local employees at the end of last year, the payment base of five insurances and one gold shall be calculated according to 60% of the average monthly wage;

3. If the average salary of last year was between 60% and 300% of the average salary of local employees at the end of last year, the payment base of five insurances and one gold shall be declared according to the actual salary.

The deposit base of housing provident fund is the average monthly salary of employees in the previous year, that is, the total salary of the previous year divided by 12. The previous year refers to the natural year, that is, June 65438 to February 65438.

The deposit base of housing provident fund shall not be lower than the minimum monthly wage of employees in the previous year announced by the municipal human resources and social security department, and shall not exceed 3 times the average monthly wage of employees in the city in the previous year announced by the municipal statistics department.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 64 Social insurance funds include basic old-age insurance funds, basic medical insurance funds, industrial injury insurance funds, unemployment insurance funds and maternity insurance funds. In addition to the basic medical insurance fund and maternity insurance fund combined accounting, other social insurance funds are accounted for separately according to social insurance types. Social insurance funds implement a unified accounting system throughout the country.

The social insurance fund is earmarked for special purposes, and no organization or individual may occupy or misappropriate it.

The basic old-age insurance fund will gradually implement national overall planning, and other social insurance funds will gradually implement provincial overall planning. The specific time and steps shall be stipulated by the State Council.

Article 65 Social insurance funds shall achieve balance of payments through budgets.

When the social insurance fund is insufficient to pay, the people's governments at or above the county level shall give subsidies.

Article 66 The social insurance fund shall establish its budget according to the overall level. In addition to the basic medical insurance fund and maternity insurance fund budget combined, other social insurance fund budgets are compiled separately according to social insurance projects.

Derivative problem:

What is the minimum payment for individual five insurances and one gold?

The minimum standard of five insurances and one gold refers to the results calculated by employees according to the minimum social security base, minimum social security ratio, minimum provident fund deposit base and minimum provident fund deposit ratio.