What do the upper and lower limits of social security base mean?

The upper and lower limits of the social security payment base are the highest and lowest amounts of the social security payment base.

1, the upper limit of the payment base means that the part where the wage income of employees exceeds the arithmetic average of the monthly average wage of employees in provinces and cities in the previous year is not included in the payment base;

2. The lower limit of the payment base refers to the fact that the wage income of employees is lower than 60% of the arithmetic average monthly wage of employees in provinces and cities in the previous year, and 60% of the arithmetic average monthly wage of employees in provinces and cities in the previous year is the payment base.

3. The base of social insurance payment has upper and lower limits, and the minimum can not be lower than 60% of the average monthly salary of employees in the whole city in the previous year (employees in private enterprises, individual industrial and commercial households and non-local urban hukou employees shall not be lower than 50%, and private enterprise legal persons, shareholders and individual industrial and commercial households shall not be lower than100%); The maximum can not be higher than 300% of the average monthly salary of employees in the city last year. The average wage of employees in this Municipality is published annually by the Municipal Bureau of Statistics.

4. The payment base shall be fixed for one year in the same payment year and shall not be changed halfway. From April to June every year, the employer shall declare the social insurance payment base of its employees in the new year according to the notice of the local social insurance agency.

The materials required for social security payment are as follows:

1, personal social security, personal social security can only participate in old-age insurance and medical insurance, and you need to bring your valid ID card, unemployment certificate and two 1 inch photos to the local social security center;

2. The enterprise pays social security for its employees, and provides the original and photocopy of the enterprise business license, the original and photocopy of the organization code certificate, the photocopy of the ID card of the insured employee, the payroll of the insured employee and the official seal.

I hope the above content can help you. Please consult a professional lawyer if you have any other questions.

Legal basis: Article 58 of People's Republic of China (PRC) Social Insurance Law. The employing unit shall handle 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.