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What was the base of social security last year?
The maximum payment base of social security is 300%. The maximum payment base of social security should be determined according to the average social wage. Generally, the payment base is 60%-300% of the average social wage. For example, the average social wage 1000 yuan, and the payment base can be 600 yuan-3,000 yuan.
Legal objectivity:
Article 15 of the Social Insurance Law of People's Republic of China (PRC) stipulates that endowment insurance consists of overall pension and individual account pension. The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc. "People's Republic of China (PRC) Social Insurance Law" Article 18 The state establishes a normal adjustment mechanism for basic pensions. According to the average wage increase and price increase of employees, the basic old-age insurance treatment level will be improved in a timely manner.
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