How much social security will individuals and companies pay in Nanjing in 2023?

The social security payment standard in Nanjing in 2023 is 20% of the total monthly salary of employees, and the company needs to pay 22% of the total monthly salary of employees.

According to the Social Insurance Regulations of Nanjing, the social security payment standard of Nanjing in 2023 is as follows: 1. Individual employees: 20% of the total monthly salary of employees, including basic old-age insurance, basic medical insurance, unemployment insurance and industrial injury insurance; 2. Company part: The company shall pay 22% of the total monthly salary of employees, including pension insurance 16%, medical insurance 8%, unemployment insurance 2% and work injury insurance 0.5%. It should be noted that the above payment standards are only the social security payment standards of Nanjing in 2023, and may be different in different regions.

Is social security payment compulsory? A: Social security payment is mandatory. According to the relevant laws and regulations of our country, both employers and employees must participate in social insurance to ensure that employees can get basic protection in retirement, illness and unemployment. Employers must pay social insurance premiums in full and on time according to regulations, otherwise they will face administrative punishment or legal sanctions.

The social security payment standard in Nanjing in 2023 is 20% of the total monthly salary of employees, and the company needs to pay 22% of the total monthly salary of employees. Social security contributions are mandatory, and employers must pay social insurance premiums in full and on time according to regulations to ensure that employees can get basic protection in retirement, illness, unemployment and other situations.

Legal basis:

Article 10 of the Social Insurance Law of People's Republic of China (PRC) * * * Employees shall participate in the basic old-age insurance, and both employers and employees shall pay the basic old-age insurance premium. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium. The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.