Social security contribution base 5000 is high

Social security contribution base 5000 is not very high.

The social security base, referred to as the social security base, is the base of the employee's social security contributions in a social security year. It is determined according to the monthly average of all wage income earned by the employee from January to December of the previous year. The social insurance contribution base is an important basis for calculating the social insurance contributions to be paid by the employer and its employees and the social insurance benefits of the employees, and there is an upper limit and a lower limit, with the specific amount depending on the actual situation in each region.

Legal basis

The People's Republic of China **** and the State Social Insurance Law Article 2 The State establishes the basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance, maternity insurance and other social insurance system, to protect the citizens in the old age, disease, industrial injury, unemployment, childbirth and other situations in accordance with the law from the State and the community's right to obtain material assistance.

Article 3 of the Full Text of the Social Insurance Law of the People's Republic of China (PRC): The social insurance system adheres to the policy of broad coverage, basic protection, multi-level and sustainability, and the level of social insurance shall be commensurate with the level of economic and social development.

Article 4 of the Full Text of the Law of the People's Republic of China on Social Insurance Article 4 Employers and individuals within the territory of the People's Republic of China*** and the People's Republic of China pay social insurance premiums in accordance with the law, and have the right to inquire about the records of payment of premiums and records of the rights and interests of individuals, as well as to request that the social insurance administration agencies provide social insurance counseling and other related services.

Individuals enjoy social insurance benefits in accordance with the law, and have the right to supervise the payment of contributions for them by their own units.