What does the payment level mean?

Legal analysis: social security grade standard. The monthly payment standard of social insurance for the insured is divided into four grades: the lowest grade (40%), the first grade (60%), the second grade (80%) and the third grade (100%). Refers to the social average wage payment base of the previous year. The higher the level, the more you get, which means the more you pay, the more you get. Of course, the amount of money you get is also related to the number of years you pay social security. The longer the payment time, the more pension you will receive when you retire. But it should also be combined with its own economic conditions. If you have enough money, it is still recommended to pay a higher gear.

Legal basis: According to Article 4 of the Social Insurance Law, employers and individuals in People's Republic of China (PRC) pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights and interests records, and ask social insurance agencies to provide social insurance consultation and other related services. Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.