Base of social security payment for employees in Yiwu City, Zhejiang Province

According to the Regulations on the Basic Endowment Insurance for Employees in Zhejiang Province, if the salary paid by employees is lower than 60% of the average monthly salary of employees in the whole province in the previous year, it shall be determined by 60%; If it is higher than the average monthly salary of employees in the province in the previous year by 300%, it shall be determined by 300%. Last year, the average annual salary of employees was 48,372 yuan (including all social units in private economic units). In the adjustment of social security payment base in Yiwu, the minimum payment for individual industrial and commercial households and flexible employees in Yiwu from July 1 is 435 6 yuan/month, and that for medical insurance is 2 17 and 8 yuan/month. The social security department of Yiwu reminds the insured that due to the increase of the payment base, the monthly fees payable will also increase accordingly. Payment units, individual industrial and commercial households, self-employed individuals and flexible employees should timely deposit enough funds in the bank withholding account before the end of each month, and try to avoid stopping insurance due to failure to timely withhold and remit social insurance premiums.

Legal objectivity:

People's Republic of China (PRC) social insurance law

second

The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to receive material assistance from the state and society in accordance with the law when they are old, sick, injured, unemployed and have children.

People's Republic of China (PRC) social insurance law

Article 6

The state exercises strict supervision over social insurance funds. The State Council and the people's governments of provinces, autonomous regions and municipalities directly under the Central Government shall establish and improve the supervision and management system of social insurance funds to ensure the safe and effective operation of social insurance funds. People's governments at or above the county level shall take measures to encourage and support all sectors of society to participate in the supervision of social insurance funds.