What does the social security payment grade mean?

Legal analysis: social security grade standard. The monthly payment standard of social insurance for the insured is divided into four grades: the lowest grade (40%), the first grade (60%), the second grade (80%) and the third grade (100%). Refers to the base of social average wage payment in the previous year. The higher the level, the more you get, the more you pay, and the more you get. The amount of money you get is also related to the number of years you pay social security. The longer the payment time, the more pension you will receive when you retire. But it should also be combined with its own economic conditions. If you have enough money, it is still recommended to pay a higher gear.

Legal basis: Article 58 of the Social Insurance Law of People's Republic of China (PRC) stipulates that the employer shall apply to the social insurance agency for social insurance registration for employees within 30 days from the date of employment. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay.

Employees-free individual industrial and commercial households who voluntarily participate in social insurance, part-time employees who do not participate in social insurance in the employing unit and other flexible employees shall apply to the social insurance agency for social insurance registration.

The state establishes a national unified personal social security number. Personal social security number is a citizen's identity number.