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Hangzhou minimum social security payment base 2024

In 2024, the minimum payment base for social security in Hangzhou was 4,462 yuan.

This standard is adjusted according to the weighted average salary of employees in non-private and private units in 20021year, aiming at appropriately reducing the burden of payment by enterprises and individuals. The adjustment of social security payment base reflects the change of social average wage level, and ensures that social security payment matches the economic ability of the insured. The setting of the minimum payment base ensures that low-income groups can participate in social insurance, and at the same time avoids affecting their basic life because of excessive payment.

Hangzhou social security payment method:

1. Pay employee social security (handled by the company).

2. Pay social security for flexible employees (handled by the street or social security handling center).

3. Find a social security payment company to pay employee social security (through the social security payment company).

To sum up, the minimum social security payment base in Hangzhou in 2024 will be adjusted to 4462 yuan, which will help balance the relationship between social security payment and the economic ability of the insured and ensure the sustainability and fairness of the social security system.

Legal basis:

People's Republic of China (PRC) social insurance law

second

The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to get material help from the state and society in accordance with the law when they are old, sick, injured, unemployed and have children.

Article 11

The collection and use of social insurance funds should be compatible with the level of economic and social development. The determination and adjustment of the specific payment base shall be carried out by the local human resources and social security departments in accordance with state regulations and local actual conditions. For details, please refer to the specific regulations issued by Hangzhou Human Resources and Social Security Bureau.