What is the function of social security base? How to calculate the social security base?

What is the function of social security base? How to calculate the social security base?

1. What is the function of social security base?

The social security payment base is based on the individual wage level (300% of the local average social wage? 60% range), more than or less than 300% or 60% of the local social wage, calculated at 300% or 60% of the social wage.

Payment amount = payment base * payment proportion. The level of social security base determines the level of payment, and the high base is directly proportional to the high pension benefits in the future. The payment base is an important calculation basis for the insured to enjoy social insurance benefits. After workers participate in social insurance, social security agencies will establish personal accounts for basic old-age insurance and medical insurance for life. The higher the base of employees' contributions, the more personal accounts, the more disposable medical expenses and the higher the pension they receive when they retire. However, the concealed, omitted and underreported payment base of insured units and insured personnel will directly reduce the level of social insurance benefits enjoyed by insured personnel.

Second, how to calculate the social security base?

The social security payment base is generally based on my salary income in the previous year.

(1) If the wage income of employees is higher than 300% of the local average wage of employees in the previous year, 300% of the local average wage of employees in the previous year will be used as the payment base;

(two) the wage income of employees is lower than 60% of the local average wage of employees in the previous year, with 60% of the local average wage of employees in the previous year as the payment base;

(3) Employee's salary is 300%? Between 60%, according to the actual declaration. When the wage income of employees cannot be determined, the payment base shall be determined according to the local average wage of employees in the previous year.

Social security will regularly check the base every year (March or July, in different places), and declare a new base according to the average monthly salary of employees in the previous year. It is necessary to prepare proof of these payroll.