How to calculate the base of social security payment in Taizhou in 2019

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The Notice of the Taizhou Municipal People's Government on the Adjustment of the City's Minimum Wage Standard enforces a minimum monthly wage of 1,660 yuan within Taizhou city, Linhai, Wenling and Yuhuan. The minimum base for foreign employees is 1660 RMB. Individuals pay the amount of pension insurance: 1660 * 8% = 132.8.

Enterprise employees social security five types of insurance contribution base range from last year's 2419 yuan to 12,093 yuan per month adjusted to 2586 yuan to 12,930 yuan, the unit in accordance with the employee's actual income within this range to declare the adjustment.

The minimum base for local employees to pay pension insurance is 2,586 yuan. The minimum amount of personal contribution to pension insurance is: 2586*8%=206.88