How much social security does Hangzhou pay a month?

Social security refers to five insurances, namely, endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance. If it is remitted, its cost consists of two parts, namely, the local social security participation fee and the agency fee. However, the remittance fee is different for each company, depending on the third-party company.

Comparison Table of Social Security Payment Bases of Various Types of Insurance in 2020

Easy to understand, we use the lowest base to calculate:

3321.6 * (8+0.5+2)% = 348.77 yuan. During the working period, the individual pays 348.77 yuan per month.

3321.6 * (14+0.5+0.25+1.7)% = 878.56 yuan. The employer pays 878.56 yuan for you every month during your employment.

After the insurance payment, the employee still needs to bear the individual insurance payment amount, and the enterprise insurance payment amount has not changed.

However, due to the epidemic situation, some places have introduced enterprise reduction and exemption policies, and specific policies need to be consulted with local social security bureaus or third-party service companies, such as Ant Social Security.