What is the basis for paying social security fees?

The payment base is determined according to the individual wage level (within the range of 300%-60% of the local average social wage) and shall not be lower than the minimum payment standard.

If the payment base is 2000, then the individual payment is 2000 * 8% = 160, and the unit payment is 2000 * 20% = 400, and then other calculations are made.

Payment amount = payment base * payment proportion.

The proportion of social security contributions is generally as follows:

Endowment insurance: 20% for units and 8% for individuals;

Medical insurance: 8% for units and 2% for individuals;

Unemployment insurance: 2% for the employer and 0/%for the individual.

Industrial injury insurance and maternity insurance are entirely borne by enterprises, each at around 1%, and individuals do not need to pay.

Extended data:

The impact of underreporting social security contributions;

1. For workers, the base for paying social security is less than the actual salary, which means that the employer has to pay less. Workers can complain to the social security bureau, which will order the employer to pay compensation. Laborers may also terminate their labor contracts and demand economic compensation.

2. For employers, failing to pay social security in full for employees violates the labor law and will face administrative punishment.

3. Article 38 of the Labor Contract Law: In any of the following circumstances, the employee may terminate the labor contract:

(1) Failing to provide labor protection or working conditions as agreed in the labor contract;

(2) Failing to pay labor remuneration in full and on time;

(3) Failing to pay social insurance premiums for laborers according to law;

(4) The rules and regulations of the employing unit violate the provisions of laws and regulations and damage the rights and interests of workers;

(5) The labor contract is invalid due to the circumstances specified in the first paragraph of Article 26 of this Law;

(6) Other circumstances under which the laborer can terminate the labor contract as stipulated by laws and administrative regulations.

Article 86 of the Social Insurance Law: If the employer fails to pay the social insurance premium in full and on time, the social insurance premium collection agency shall order it to pay it within a time limit or make up for it, and an overdue fine of 0.5% shall be added on a daily basis from the date of never paying it; Failing to pay within the time limit, the relevant administrative departments shall impose a fine of more than one time and less than three times the amount owed.

References:

Baidu Encyclopedia-Social Insurance Law