Shenzhen social security minimum payment standard

The minimum standard of social security payment in Shenzhen refers to the minimum amount that enterprises and individuals need to pay when they participate in social insurance in Shenzhen. In order to ensure the fairness and sustainability of the social insurance system, this standard is formulated according to the relevant laws and policies of Shenzhen.

I. Overview of Shenzhen Social Security Payment System

Shenzhen social security payment system covers five categories: endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance. Each type of insurance has its own specific payment ratio and calculation method, and the minimum standard refers to the minimum payment amount that enterprises and individuals need to bear in these insurances.

Second, the determination of the minimum payment standard of social security in Shenzhen

The determination of the minimum standard of social security payment in Shenzhen is influenced by many factors, including the level of economic development in Shenzhen, the average wage of employees, and the operation of social security funds. Generally speaking, the minimum standard will be adjusted every year according to the relevant data to ensure the stability and sustainability of the social security system.

III. Minimum payment standards for various types of insurance

For old-age insurance, Shenzhen has stipulated the minimum proportion that enterprises and individuals need to pay to ensure that employees can enjoy basic living security after retirement. The minimum payment standard of medical insurance is formulated according to the increase of medical expenses and the operation of medical insurance fund to ensure that employees can get timely medical assistance when they are sick. The minimum payment standards for unemployment insurance, industrial injury insurance and maternity insurance also have corresponding provisions to protect the rights and interests of employees in the face of risks such as unemployment, industrial injury and maternity.

Fourthly, the significance and influence of the minimum standard.

The setting of the minimum payment standard for social security in Shenzhen not only guarantees the basic rights and interests of employees, but also ensures the stable operation of the social security system. By setting the minimum standard, enterprises and individuals can be prevented from missing or underpaying when paying social security, thus ensuring the sufficiency and stability of social security funds. At the same time, the setting of minimum standards has also promoted social fairness and harmony, and provided a strong guarantee for Shenzhen's economic development and social stability.

To sum up:

The minimum standard of social security payment in Shenzhen is an important part of Shenzhen's social security system, which takes into account both the protection of workers' rights and interests and the stable operation of the social security system. Enterprises and individuals should abide by the relevant regulations when paying social security, and ensure that they pay in full and on time, so as to maintain the fairness and sustainability of the social security system.

Legal basis:

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

Article 60 provides that:

The employing unit shall declare itself and pay social insurance premiums in full and on time, and shall not postpone or reduce the payment except for legal reasons such as force majeure. The social insurance premiums that employees should pay shall be withheld and remitted by the employer, and the employer shall inform me of the details of paying social insurance premiums on a monthly basis.

Regulations of Shenzhen Special Economic Zone on Social Endowment Insurance

Article 10 stipulates:

The payment base for employees to pay the basic old-age insurance premium every month is their total monthly salary; The first month's payment base of employees who have joined the work, re-employment and newly-built employers is their first month's total wages. If the total wage exceeds 300% of the average monthly wage of employees in this Municipality in the previous year, the excess shall not be included in the payment base; The payment base shall not be lower than the minimum wage standard announced by the municipal government.