What do you mean by social security payment?

The payment of salary is the basis for you to buy insurance. Just fill it out truthfully. The payment base of social insurance units shall be determined according to the monthly average wage income of all employees in the previous year from 1 to 12. For new employees who have just joined the company, the full salary income of the employee's starting salary month is taken as the payment base. The insured unit takes the sum of the monthly payment bases of all the insured employees of the unit as the monthly payment base of the unit. The consumption base of social insurance is declared by the insured unit in July each year at the municipal social insurance fee collection management center or the district social insurance agency that handles the insurance registration. Before the insured unit declares the payment base, it shall be signed or confirmed by the insured employee himself. The higher the employee's contribution base, the more personal accounts, the more disposable medical expenses and the higher the pension he receives when he retires.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Article 4 Employers and individuals who pay social insurance premiums according to law in People's Republic of China (PRC) have the right to inquire about payment records and personal rights and interests records, and ask social insurance agencies to provide social insurance consultation and other related services. Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.

Fifth people's governments at or above the county level shall incorporate social insurance into the national economic and social development plan. The state raises social insurance funds through multiple channels. People's governments at or above the county level shall give necessary financial support to social insurance. The state supports social insurance through preferential tax policies.