How much does it cost for individuals to pay social security for one year?

The amount of social security paid by an individual for one year needs to be seen according to the specific regulations of your place.

The amount of social security paid by individuals in one year varies from region to region. Taking the monthly salary of 20,000 yuan as an example, the individual contribution rate of endowment insurance is 8%, and the monthly contribution is 1.600 yuan, and the annual contribution is 1.9200 yuan. Social security also includes medical care, unemployment, work-related injury and maternity insurance, and the contribution ratio of each insurance is different. The social security payment base has upper and lower limits, and the payment amount will not exceed the upper limit. If the salary is lower than the lower limit, it will be paid according to the lower limit. The annual payment amount should be determined according to local policies and personal wages.

Social security contribution ratio:

1. According to national regulations, social security includes five basic insurances: endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance;

2, the proportion of each insurance payment is stipulated by the state, but the specific value will be different according to different provinces and cities;

3. Individuals with old-age insurance generally need to pay about 8%- 1 1% of their wages, and the enterprise part is higher;

4. The proportion of individual contributions to medical insurance is usually around 2%, and the total proportion may be around 10% with the contribution of enterprises;

5. Unemployment, work injury and maternity insurance are generally borne by enterprises, and the proportion of individual contributions is low or no individual contributions are needed.

To sum up, the total amount of social security paid by individuals in one year is affected by regional policies and individual wage levels. Based on the monthly salary of 20,000 yuan, only the old-age insurance needs to pay 1.92 million yuan, and the total social security contributions including medical care, unemployment, work injury and maternity insurance need to be comprehensively calculated according to different payment ratios and the upper and lower limits of the payment base.

Legal basis:

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

Article 12

The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of its employees stipulated by the state, and record it in the basic old-age insurance pooling fund.

Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.