Do the provident fund base and social security base have to be the same?

Do the provident fund base and social security base have to be the same?

The provident fund base and social security base do not have to be the same.

First, the definition of provident fund base and social security base

Provident fund base: determined according to the average monthly salary of employees in the previous year, and used to calculate the contribution of employee provident fund.

Social security base: determined according to the average monthly salary of employees in the previous year, used to calculate the amount of social insurance contributions of employees.

Second, the relationship between provident fund base and social security base.

Although the bases of provident fund and social security are determined according to the average monthly salary of employees in the previous year, there is no consistent provision between them. Specifically, the determination of provident fund base and social security base is influenced by the following factors:

Regional regulations: Different regions have different regulations on the determination of provident fund base and social security base, which may lead to differences between them.

Wage level of employees: The wage level of employees is the key factor affecting the provident fund and social security base, and the change of wage level may lead to the difference between them.

Enterprise's policy: Enterprises can formulate different policies for provident fund and social security deposit according to their own conditions and policies, which leads to differences between them.

To sum up:

The bases of provident fund and social security are not necessarily the same, and the determination between them is influenced by many factors. Therefore, in the specific operation, it is necessary to determine the provident fund base and social security base according to the regional regulations, the wage level of employees and the policies of enterprises.

Legal basis:

Article 60 of the Social Insurance Law of People's Republic of China (PRC) stipulates that social insurance premiums shall be paid by both employers and workers. Employers pay social insurance premiums in proportion to the total wages of employees as stipulated by the state, and employees pay social insurance premiums in proportion to their own wages as stipulated by the state.

Article 10 of the Regulations on Housing Provident Fund stipulates that the deposit base of housing provident fund is the average monthly salary of employees in the previous year. The new employee starts to pay the housing provident fund from the second month after joining the work, and the monthly payment amount is the employee's own salary multiplied by the employee's housing provident fund payment ratio.