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Minimum payment base of social security in Dengfeng city
The social security payment base has upper and lower limits, 60%-300%. The minimum wage is not less than 60% of the average monthly salary of employees in the whole city in the previous year (not less than 50% for employees of private enterprises, individual industrial and commercial households and non-local urban hukou employees, and not less than100% for owners of private enterprises as legal persons, shareholders and individual industrial and commercial households); The maximum can not be higher than 300% of the average monthly salary of employees in the city last year. The average wage of employees in this Municipality is published annually by the Municipal Bureau of Statistics.
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