Individuals to participate in social security how much a year to pay

How much an individual needs to pay a year to participate in social security is based on the base of payment.

The purpose of individual social security payment generally includes pension insurance and medical insurance. The contribution rates are as follows: 70 yuan per month for each individual for pension insurance; and 20 yuan per month for each individual for medical insurance. The amount an individual pays for social security is equal to the sum of the amount paid for pension insurance and medical insurance.

Thus, the amount of money an individual needs to pay in a year to join the social security is equal to the sum of the individual's pension insurance and medical insurance contributions. Individuals can determine their own contribution base according to their income level and local social security policies, and the amount of money they pay changes accordingly.

The social security contribution period is stipulated as follows:

1. The accumulated contribution period for medical insurance (including the deemed contribution period and the actual contribution period in the city) needs to be 30 years for men and 25 years for women;

2. The social insurance scheme is organized by the government, which compels a certain group of people to pay a part of their incomes as a social insurance tax to form a social insurance fund, from which the insured people can receive a fixed income and compensation for losses;

3. In the same city, after accumulating a total of 15 years of basic pension insurance and 20 years of basic medical insurance, when retiring, the minimum pension insurance pension will be paid according to the standard of the city in which the contributions were made;

4. Individuals who have participated in the basic pension insurance and have accumulated a total of fifteen years of contributions by the time they reach the legal age of retirement will receive their basic pension on a monthly basis.

In summary, social security policies and contribution standards may vary from region to region, and you can consult your local social security bureau or social security center for specific contribution amounts.

Legal basis:

Article 84 of the Social Insurance Law of the People's Republic of China

If an employer fails to register for social insurance, the administrative department of social insurance shall order it to make corrections within a certain period of time; and if it fails to make corrections within that period of time, it shall impose a fine of not less than double and not more than triple the amount of social insurance premiums payable, and impose a fine of not less than five hundred Yuan but not more than three times the amount of social insurance premiums payable, and impose on the person directly responsible for the person in charge of it and on the other persons directly responsible persons shall be fined not less than five hundred yuan and not more than three thousand yuan.

Article 86

If an employer fails to pay social insurance premiums in full and on time, the social insurance premium collection agency shall order the employer to pay the premiums within a certain period of time or to make up the full amount of social insurance premiums, and shall impose a fine of five ten thousandths of a percent of the amount of the premiums on a daily basis from the date of the unpaid premiums; and if the employer fails to pay the premiums after the expiration of the period of time, the administrative department shall impose a fine of not less than double and not more than triple the amount of the unpaid premiums.