Job Recruitment Website - Social security inquiry - Is there an upper limit for the social security payment base?
Is there an upper limit for the social security payment base?
Legal analysis: there is an upper limit on the social security base, the maximum of which cannot exceed 300% of the average salary of local employees in the previous year, and the minimum of which cannot be lower than 60% of the average salary of local employees in the previous year.
Legal basis: Article 2 of the Social Insurance Law of People's Republic of China (PRC) The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance, maternity insurance, etc., to guarantee citizens' right to receive material assistance from the state and society in case of old age, illness, industrial injury, unemployment and maternity.
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