How much does it cost to pay social security for flexible employment?

Flexible employees pay social security voluntarily, and can choose the payment grade that suits them according to their own conditions. The social security payment base of flexible employees is usually 60%-300% of the local average social wage in the previous year (some areas cannot choose their own medical insurance payment base, which is a unified local requirement, such as 60% of the local average social wage in the previous year or 100%). The higher the payment grade, the higher the social security cost and the higher the corresponding pension benefits after retirement.

Different regions have different economic levels and different average social wages, so the base range of social security contributions is also different. If the local average social wage last year was 4,000 yuan, the base range of social security payment was 2,400 yuan-12,000 yuan. If flexible employees pay social security according to the minimum payment base of 2,400 yuan, then the monthly pension insurance premium is 2,400 * 20% = 480 yuan (flexible employees pay their own pension insurance, and the payment ratio is usually around 20%). Note that 12% of the 20% contribution rate of the old-age insurance will be paid into the overall account of the old-age insurance and 8% will be paid into the personal account of the old-age insurance.