How much does it cost for an individual to buy social security in Guangzhou for one month?

How much does it cost for an individual to buy social security in Guangzhou for one month? It needs to be calculated according to your payment base and proportion.

According to Guangzhou's social insurance payment regulations, the expenses for individuals to purchase social insurance include endowment insurance and medical insurance. The proportion of individual contributions for endowment insurance is 8%, and that for medical insurance is 2%. The lower limit of endowment insurance payment base is 3469 yuan, and the upper limit is 20004 yuan; The lower limit of medical insurance payment base is 493 1 yuan, and the upper limit is 24654 yuan. Therefore, if the salary is lower than the minimum payment base of endowment insurance, the endowment insurance cost is 8% of 3469 yuan, that is, 277.52 yuan; If the salary is lower than the minimum payment base of medical insurance, the medical insurance cost is 2% of 493 1 yuan, that is, 98.62 yuan. The specific social security expenses need to be determined according to the actual salary level of the individual, but not less than the sum of the minimum amounts of these two insurance expenses.

Payment categories of social security:

1. Old-age insurance: providing basic living security for employees after retirement;

2. Medical insurance: used to compensate employees and their families for medical expenses;

3. Unemployment insurance: providing economic assistance to unemployed workers for a certain period of time;

4. Work-related injury insurance: providing medical treatment, rehabilitation and economic compensation for workers injured at work;

5. Maternity insurance: give certain financial subsidies to female employees for maternity.

To sum up, the cost of personal social security in Guangzhou is calculated according to the payment base and proportion, including endowment insurance and medical insurance. The proportion of individual contributions for endowment insurance is 8%, and that for medical insurance is 2%. The specific cost is determined according to the individual salary level, but it will not be lower than the minimum total amount of endowment insurance and medical insurance.

Legal basis:

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

Article 12

The employing unit shall, in accordance with the relevant provisions of the state, declare the total wages of its employees to the social insurance agency as the base of social insurance payment. The base of individual social security contributions is usually determined according to individual wage income, and the specific amount is stipulated by local social security policies.