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What is the difference between a high and low contribution base
Legal analysis: 1, the different costs of receiving
Social security base is high: social security payment base is high, when the time comes to receive or reimbursement of a high percentage.
Social security base is low: social security payment base is low, when the time to receive or reimbursement ratio is low.
2, the loan is different
Social security base is high: the base is high, the housing fund loan more.
Low social security base: low base, less housing fund loans.
3, the unit received different wages
Social security base is high: higher monthly wages, personal tax can also pay less. Low social security base: monthly salary drops, personal tax more.
Legal basis: The Social Insurance Law of the People's Republic of China
Article 12 The employer shall pay the basic pension insurance premiums in accordance with the proportion of the total wages of the employees of the employer as stipulated by the State and credited to the Basic Pension Insurance Co-ordination Fund.
Employees shall pay basic pension insurance premiums in accordance with the proportion of their own wages as prescribed by the State, which shall be credited to their individual accounts.
Individual industrial and commercial households without employees, part-time workers who do not participate in basic pension insurance with their employers, and other flexibly employed persons who participate in basic pension insurance shall pay basic pension insurance premiums in accordance with the State's regulations, which shall be credited to the Basic Pension Insurance Co-ordination Fund and to their individual accounts respectively.
Article 60 An employer shall declare and pay social insurance premiums on its own, in full and on time, and shall not defer or reduce payment except for force majeure or other legal reasons. The social insurance premiums to be paid by employees shall be withheld and paid by the employer on behalf of the employee, and the employer shall inform the employee of the details of the payment of social insurance premiums on a monthly basis.
Individual entrepreneurs without employees, part-time workers who do not participate in social insurance with their employers, and other flexibly employed persons may pay social insurance premiums directly to the social insurance premium collection organization.
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