How to calculate the amount of social security compensation

The calculation method of social security compensation amount is as follows:

1. After the employee has worked in the employer for one year and is dismissed by the employer, the employer needs to pay the employee one month's salary as economic compensation on the basis of settling this month's salary, and pay one month's salary for each additional year;

2. If the employee has worked in the employer for less than one year, but is dismissed by the employer for more than six months, then the employer will pay him one month's salary as economic compensation;

3. If the employee has worked in the employer for less than six months and is dismissed by the employer, the employer needs to pay him half a month's salary as economic compensation.

Inquiry method of social security card account balance:

1, medical insurance designated pharmacies and hospitals. The insured person can directly hold the social security card to the designated pharmacy or hospital for medical insurance. Generally, when using social security cards for consumption, you can see the balance of social security cards on the small tickets issued by designated pharmacies or hospitals;

2. Service hotline inquiry. Call the service hotline 12333 and follow the voice prompts to check the balance of the social security card account.

To sum up, if the monthly salary of dismissed employees is three times higher than the average monthly salary of employees in the previous year in the region, then the employer will pay the social security compensation according to three times the average monthly salary of employees in the previous year, and the service life will not exceed twelve months. In the case that the employer terminates the employee's labor contract illegally, the employee may ask the employer to pay compensation, and the employer shall pay all the labor remuneration and social security compensation on the day when the employee leaves the company. If no agreement can be reached on the corresponding labor remuneration, the employee may apply to the local labor insurance department for labor arbitration within one year after being dismissed. However, if the reason why the employer terminates the labor contract conforms to the corresponding provisions of China's labor contract law, then the employer does not need to pay social security compensation to the workers.

Legal basis:

Article 12 of the Social Insurance Law of People's Republic of China (PRC)

The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of its employees stipulated by the state, and record it in the basic old-age insurance pooling fund. Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.

Article 23

Employees should participate in the basic medical insurance for employees, and employers and employees should jointly pay the basic medical insurance premiums in accordance with state regulations. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic medical insurance for employees and other flexible employees can participate in the basic medical insurance for employees, and individuals pay the basic medical insurance premium in accordance with state regulations.