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Minimum standard of social security base in Hainan province
Detailed Rules for the Implementation of the Regulations on the Basic Old-age Insurance for Urban Employees in Hainan Province Article 5 The monthly salary and payment amount of the employer and its employees shall be approved by the social insurance agency in accordance with the regulations. The monthly payment salary of the employees of the employing unit is determined according to the average monthly actual salary of the employees in the previous year. I last year's average monthly actual salary is lower than the province's average monthly salary of workers 60%, according to 60% approved; More than 300%, according to 300% approved; If it is really necessary to improve, the employer shall report it to the provincial social insurance administrative department for approval.
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