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Yulin Social Security Contribution Standards

(1) Contribution period

Residents who are less than 45 years old shall make contributions on a yearly basis, with a cumulative contribution period of not less than 15 years.

If a participant reaches the age of 60 with less than 15 years of contributions, he/she shall extend the contributions year by year and enjoy the corresponding contribution subsidy.

If a participant reaches the age of 65 and still has less than 15 years of contributions, he/she can make up the difference in years of contributions in one lump sum, but the lump sum contribution is not entitled to the contribution subsidy.

(2) Yulin Pension Insurance Contribution Ratio

Unit: 19% for the unit

Individual: 8% for the individual

(3) Yulin Pension Insurance Contribution Base

The upper limit of contribution base is 300% of the average monthly salary of the province's on-the-job workers in the previous year

The lower limit of contribution base is 60% of the province's on-the-job workers in the previous year. The lower limit of the contribution base is 60% of the average wage of the employed workers in the province in the previous year

Yulin's individual contribution news: those who participate in the urban and rural residents' pension insurance should pay the pension insurance premiums according to the requirements. The contribution standard is currently set at 12 levels of 100 yuan, 200 yuan, 300 yuan, 400 yuan, 500 yuan, 600 yuan, 700 yuan, 800 yuan, 900 yuan, 1,000 yuan, 1,500 yuan and 2,000 yuan per year. Participants independently choose the level of contributions, pay more and get more.